NFCRing has produced an EMVCo-compliant payment ring using contactless security chips from Infineon Technologies. The small, waterproof device works like a contactless payment card and allows users to carry money on their finger as a wearable smart ring. NFC is the technology that enables mobile devices such as smartphones or tablets to communicate with each other wirelessly. The ring uses NFC technology to exchange data over short distances.
NFCRing has produced an EMVCo-compliant payment ring using contactless security chips from Infineon Technologies. The small, waterproof device works like a contactless payment card and allows users to carry money on their finger as a wearable smart ring. Users can make payments by holding their finger close to an EMVCo contactless-enabled payment terminal. The ring uses NFC technology to exchange data over short distances.