Innovative bankcard in the form of a jewelry piece worn on finger.

We are the first to have introduced a working payment technology implemented in the form of a ring.  Payment using contactless payment device or online, with a device identification number and a special code.

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Convenient to carry

The ring is always on your finger, which means there is no need to carry credit cards, paper currency, business cards and even your keys. Go for a walk light-handed, leave your bag and purse at home and make purchases using a payment ring.

Durability and waterproofness

Payment rings are protected against water and damage, as they are made of highly durable materials. You can do sport, walk in the rain, take a shower, wash hands and even swim.

NFC technology

Rings use NFC modules that are similar to those integrated in plastic cards but have special configuration making them compact enough to be built into a ring.

Security

Unlike credit cards, additional protection implemented in payment rings makes it impossible to get access to your device unnoticed. You can be sure your money is safe.

Information about the owner

Payrings will contain information about their owners, such as contact info, medical, social and payment information.

Works as an electronic key

PayRings can be programmed to serve as an electronic key to keyless locks that need additional protection by implementation of the identification system.

Various sizes and designs

There are different ring sizes, and you can choose the one that fits you. It is possible to use precious metals as a decoration.

We would like to form a cooperation with a banking group, that want to be the first to implement modern advanced technologies. Payment rings open up fresh opportunities for any bank:

— PayRing can be offered to clients as an alternative to credit cards or as an additional device;

— They will help increase the number of loans provided, since PayRing may arouse the clients’ interest more than common credit cards;

— PayRing can be used as a gift to loyal customers or employees, thus making a wider range of services offered;

— The bank will have a reason to hold itself out as an innovator of banking services;

— The media may be interested in presenting news about Russian banks using payment rings, so it is another opportunity to promote the bank brand;

— The bank will get clients belonging to the kind of people who strive to own everything that is ‘hi-tech’. As a rule, such people use finance services a lot. 

News
14.08.2018
PayRing payment rings can now be purchased at Moscow Credit Bank offices
PayRing payment rings can now be purchased at Moscow Credit Bank offices. “You will not slow down the line while fumbling around in your bag for the purse or card: the line will slow down itself to take a look at how easily you are paying with your ring.
23.07.2018
In 2017, the Russian IT market grew by nearly 21% and exceeded $5 bln, the International Data Corporation (IDC) research company reports
Last year, the market reversed to growing, and its expansion is expected to be stimulated by the Digital Economy national program, analysts forecast.
11.06.2018
The IT Department of Moscow Forecasts Increase in Muscovites’ Expenditure on Digital Devices
In 2017, Moscow citizens spent 2% of total household income on digital devices, or 38,000 roubles a year, the IT Department of Moscow reports.