The land of opportunities is the world of digital payments. You can make contactless payments, and your funds can be transferred instantly. This dream has been realized by two firms. PSI Pay and Kerv Wearables have created a partnership, and they have invented a great new payment system. The fashionable, high tech contactless payment ring is their gift to the world of finance. It is practical, stylish, and creative. This is the very first ring in the world that can be used to make contactless payments. It is a great invention. Many people have already begun using it. Across Europe, people are buying them and giving them as gifts.
The ring comes in two colors. They are white and gray. It is crafted out of a ceramic that is stronger than steel, titanium, and silver. The ceramic is waterproof, scratch proof, highly durable, and resistant to breaking. The ring will withstand terrible weather conditions, and it is certified completely safe. PSI Pay has taken great measures to ensure their customers can use the contactless payment ring with complete security. MasterCard has examined the ring and given their full endorsement. The ring uses the latest encryption technology to protect sensitive financial data, and it does not link to your phone or bank account. The contactless payment ring that PSI Pay created has an independent account that customers can add funds to. The account can be filled up by using your PayPal, bank account, or credit or debit card. It only takes a few minutes, and you are ready to go! The current limit for contactless purchases is 30 pounds. This limit can be exceeded with a small card if a customer needs to make a large purchase. The ring runs on an internal power supply that does not rely on a battery. It recharges by using the waves of electricity present at the contactless payment center at any given merchant’s POS station.
PSI Pay makes use of the European wallet scheme. This means that the contactless payment ring will contain a sum of digital cash which can be easily converted into the local currency on the fly. A number of different types of transactions are possible. You can withdraw money, you can make quick purchases, and you can even send your friends money. The digital cash gets exchanged for the local currency of the country you are located in, so it is great for travelers.
Read about their partnership with EcoPayz: