NFC Ring with Payment technology
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I got nfc smart ring and want to put bank details in to pay for things at the till any good apps for AIB bank to smart nfc ring
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Which are the banks that can be linked to the ring? How can I link my bank account with the ring?
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@lg The payment ring is not available yet. It's a whole separate product. I've been in touch with the developers and they hope to release some news within the following weeks. They have been in some legal issues that they are trying to resolve.
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@joe-sweeney The payment ring is not available yet. It's a whole separate product. I've been in touch with the developers and they hope to release some news within the following weeks. They have been in some legal issues that they are trying to resolve.
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This is some impressive lack of communication. It seems that they've decided that leading people on is more important than simply giving them disappointing information as many failing Kickstarter/Indiegogo startups have done. Sad, looks like I'll have to look into another alternative, I definitely liked their ring designs more than the competitors. Disappointing but realistic expectations are always better than 'soon' or 'in a few weeks' every half year.
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@lg said in NFC Ring with Payment technology:
Which are the banks that can be linked to the ring? How can I link my bank account with the ring?
I suspect the ring will be linked to a Pre-Pay Visa card. Where you put funds onto the ring before it can be used. The source of those funds is up to you, it could be your debit/bank details, or another credit card. Keeping it Pre-Pay resolves a lot of legal issues. Pretty sure that'll be the business model for NFCRing.
@joe-0
I have seen exactly the same process with Kerv. They had a year of ‘not long now’ and ‘just a few weeks away’. Sometimes honesty would be nice. Personally I think the whole NFC chip biz is a complete minefield of legal issues and rights. I’m not surprised that there’s court hold ups. We all know the technology works. But because it’s such a burgeoning expanding market, competition is fierce to grab as much legal IP pie as you can. -
@didgesteve they have the rings and back end systems in place (aparently) just waiting for something before they release more news
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@steve-peake said in NFC Ring with Payment technology:
@didgesteve they have the rings and back end systems in place (aparently) just waiting for something before they release more news
Sure, 'coming soon'.
Forgive my scepticism -
I've been checking this forum everyday for some kind of update. 😐. I really hope by the end of the month at the latest they come out with something official.
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Hey we got an update!