Visa’s Olympic payment rings to go on general sale
NFC payment rings first sported by Olympian athletes in Rio are now available for pre-order to the general public. It is also waterproof, has been tested to a depth of 50m, can be used to unlock doors, mobile phones (currently Android devices only), transfer information and link people. The NFC Ring never needs charging, ever, and it costs £39.99.
Given to 45 ‘Team Visa’ Olympic hopefuls, the rings feature Visa token technology, a design from McLear & Co. that includes a secure microchip made by Gemalto, with an embedded NFC-enabled antenna.
The waterproof rings do not require use of a battery or recharging and will retail for £39.99 from the site of manufacturer NFCRing.
„Our latest rings featuring payment technology will ship after the Rio Summer Games. Pre order now and be amongst the first to shop with your NFC Ring! Current delivery schedule estimated by December 2016 – subject to change (as we enter the final stages of production)”, the company says.
The company showcased the first model of the ceramic ring, which enables users to pay for goods and purchases with a tap of their finger at contactless terminals, in 2015 with Visa and the UK fashion house House of Holland.
>What else the NFC ring can do
You can use your NFC Ring to share Wifi information, links to websites, links to pictures, contact information or whatever you think is suitable to be passed securely to your friends smartphone’s and tablets.
Using NFC ring you will be able to to start apps with custom settings (parameters) which makes it even easier to use your device. „How about turning wifi or bluetooth on for example, at the swipe of a hand?”says the producer.
„Want to be able to use your ring to open your house? No problem. Just grab yourself an NFC enabled door lock, install it and your NFC Ring can interact with it.”
https://www.youtube.com/watch?v=YRjj6fCsQ7g&width=500&height=350
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:
