VezoPay, the company that has developed smart rings for tap-and-go payments, has 'onboarded' its first banking partner.
company that has developed smart rings for tap-and-go payments, has “onboarded” its first banking partner, Nedbank , and plans to add other financial institutions soon.
Unlike other payment methods that require regular charging, screen interaction or additional authentication steps, VezoPay’s wearable devices, including the payment rings, are designed to be low maintenance. We are in talks with other major banks and expect them to follow suit as the technology proves its efficacy
“We are in talks with other major banks and expect them to follow suit as the technology proves its efficacy,” Pinkus said. The company is also in discussions with Visa about expanding the offering to other institutions.
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