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MuchBetter launches contactless payment ring in Italy. The company is set to expand across Europe.

28 iunie 2024

MuchBetter, a provider of wearable payments technology, has unveiled a new initiative with the launch of a free contactless ceramic payments ring in Italy, according to The Paypers.

The MuchBetter ring, available at no charge, requires customers to load it with EUR 100 via the MuchBetter digital wallet app. Functioning like any other contactless payment device, the ring enables users to make payments globally wherever Mastercard is accepted, simply by tapping it on contactless terminals.

The MuchBetter ring operates without batteries, does not require charging, and remains water-resistant and durable. Users can load funds at their convenience, receive real-time transaction alerts, view spending histories, and instantly freeze the ring if lost or stolen, all without the need to contact their bank.

Following its introduction in Italy, the MuchBetter ring is slated for release in Germany, Austria, the UK, Ireland, and Poland, further expanding its accessibility across Europe.

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Cifra/Declaratia zilei

Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:


In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?