Contactless payment has been gaining a lot of momentum in recent years. PSI Pay, a London based global e-payment solutions provider, has been pushing a lot of innovative products to contactless payments space. It recently launched a revolutionary ceramic contactless payments ring in collaboration with Kerv Wearables. This one of kind ceramic rings can facilitate payment transactions when within 1.6 inches range of the contactless card reader. PSI-Pay and Kerv Wearables went out of their way to make sure that the contactless ceramic rings are simple, stylish and elegant.
Why these contactless ceramic rings are revolutionary
Before PSI Pay put this rings in the market late 2017, contactless payments only came in three colors. Now, all that has changed with this contactless ring as there are 14 different color variants for you to choose from. In addition to that, these rings are very tough and durable. Zirconia ceramic used to manufacture this rings is much harder than steel silver or titanium thus you don’t have to worry about breaking or scratching your ring.
Security is essential to any payment. The best solution is always the one that makes sure that your transaction is secure and confidential. The PSI Pay contactless ceramic rings offer top-grade security for your account and transactions through top-notch encryption. MasterCard’s approval for the use of this technology on their accounts shows how their security is. Phil Campbell, Kerv Founder, praised PSI Pay for their open-mindedness to new ideas and readiness to push the industry forward.
The main types of e-wallets
There are two major types of wallets currently used to facilitate e-payments. These are:
- The American wallet
The wallet is more common in the United States as it is widely used to facilitate online purchases. The ‘American’ wallet has features that are more centered towards online purchases from online stores.
- The European wallet
This is a wallet that is more commonly used in Europe. In contrast to the ‘American’ wallet, this wallet is more diverse in its targets. In addition to facilitating payments for online purchases, it can also be linked to your card to enable physical purchases.
The PSI Pay ceramic ring is engineered to work perfectly with both wallets. This is one piece of payment solution that is going to take the industry to new heights.