Visa launch / press
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You may have seen a Visa payment ring land on the market, that's from us and is a project we're doing with them.
More info {Added by @Andreas}:
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Will our Ceramic ring be able to adopt this payment facility or are these 'special' versions of the Ceramic NFC Ring?
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New ring with new chips.
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When will they be out to public
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@Omer They will be available in Rio for the 2016 Olympics, in POS terminals around the Olympic Village and Olympic Superstores.
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i saw this and was wondering if this was it? http://kerv.com/
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lol!
Definitely not it, dude.
They're similar, but those aren't from McLear co. You won't be able to get one of those until they're released to the public.
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i got a questin before i pre order the new ring with payment. how would i be able to add my bank details to the ring in order to make payments via nfc?
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To which ring?
If you have a payment ring, I believe the ring itself is linked to an account by a financial institution.
In Australia, Mastercard briefly had an NFC tag that we could get and then link to an existing account via a serial number.
Perhaps the new breed of Visa rings will work in a similar fashion. We'll have to wait and see.
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@Lokki since were both from Mel, vic will it work here?? and how will configure it??
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Yeah, @Omer , I'd hazard an educated guess that Australia will be perfectly set up for using an NFC payment ring, what with the way we've taken to paywave and paypass terminals. I'm not sure how you mean though, with "configure"? Most of the behind-the-scenes stuff will be down to the banks and transaction providers.
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By configure I'm mean how will I register my bank info to the ring. So I can paypass. because I'm with nab
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Edit, to remove masses of useless stuff.
If you click the "pre-order" button on nfcring.com at the moment it will ask for your email to add you to the mailing list. As soon as there's an update on availability or usage then you should get an email.
As far as I'm aware it should be fine to work on the contactless readers in Australia, they're everywhere and they are proven to work with small tags (I've tried it myself with bank-issued ones).
Until there is more info directly from the NFC Ring guys we won't know whether it'll be pre-paid or added to your current account or whatever, we'll have to wait and see. By all means add your name to the mailing list!
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so i pre-order a ring from nfcring.com. and when it comes in do i call my bank? or will my bank be issuing the rings??
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This post is deleted!
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Infineon press release is also out about the ring: http://www.infineon.com/cms/en/product/promopages/nfc-payment-ring/?intc=0120156
Some clarifications would be nice to know how to use the ring after we buy it?
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I'll second that. @johnyma22 can you share anything with us about the format of the ring-as-card - will it be linked to existing account, a prepaid card that we can pre-load with funds, or some combination of these?
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Not able to confirm anything yet guys, apologies... Please sit tight and as soon as we can release info we will!
I appreciate how frustrating this is but we want to ensure the optimum UX and that means taking our time and doing things right!
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@johnyma22 hi guys pretty new to the work of nfc and looking to preorder a new payment ring potentially. Just wanting to clarify a few things
1- does the payment method require a top up or does it link directly to the Visa card via the token system?
2- I can't see a Paypal method? Sorry I'm a stickler for Paypal haha.
3- what's the life expectancy of the ring assuming there is just regular use?
And if anyone has any input they think might be useful I'm more than open to it.
Cheers ben
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- We haven't released how we're doing this yet :)
- See #1 :)
- The limitation is the expiration put in place by an issuer, IE if your issuer specifies 8 years on a card then it will be the same on the ring :)
