Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Technology
    3. >The power of the ring – Wayve Pay revolutionizes the European payment landscape with an innovative wearable payment solution in form of a ring
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Technology

    The Power of the Ring – Wayve Pay Revolutionizes the European Payment Landscape With an Innovative Wearable Payment Solution in Form of a Ring

    Published by Jessica Weisman-Pitts

    Posted on July 10, 2023

    3 min read

    Last updated: February 1, 2026

    Add as preferred source on Google
    The image showcases the Wayve Pay NFC smart ring, a cutting-edge wearable payment solution that transforms the European payment landscape. This innovative ring allows for secure and effortless contactless payments, reflecting the future of finance technology.
    Innovative NFC payment ring from Wayve Pay for contactless transactions - Global Banking & Finance Review
    Tags:innovationpaymentsFinancial technologypartnership

    Quick Summary

    Wayve Pay, the US fintech startup, is proud to announce its groundbreaking wearable payment that is set to transform the way people make payments. With a strong focus on convenience, security, and seamless user experience, Wayve Pay aims to revolutionize the payment landscape and empowers a new beha...

    The power of the ring – Wayve Pay revolutionizes the European payment landscape with an innovative wearable payment solution in form of a ring

    Wayve Pay, the US fintech startup, is proud to announce its groundbreaking wearable payment that is set to transform the way people make payments. With a strong focus on convenience, security, and seamless user experience, Wayve Pay aims to revolutionize the payment landscape and empowers a new behavior of payment.

    In today’s fast-paced digital era, traditional payment methods are being rapidly replaced. Wayve Pay recognizes the need for a secure and efficient payment system that caters to the evolving needs of businesses and individuals. By leveraging Fidesmo’s cutting-edge tokenization technology, Wayve Pay has leveraged a comprehensive solution that offers unparalleled convenience, flexibility, and peace of mind. The contactless payment ring allows consumers to pay simply by tapping the payment terminal with the NFC smart ring. No payment cards or PIN codes are needed.

    One of the key features of Wayve Pay is its partnership with Fidesmo, who provides a user-friendly mobile app,

    which allows users to connect their wearable payment ring with just a few taps on their smartphones. By allowing you to leave your wallet ag hom, Wayve Pay offers a seamless and hassle-free experience. The app supports multiple payment methods, including credit and debit cards, bank transfers, and digital wallets, ensuring that users have a wide range of options to choose from.

    Wayve Pay – the way we pay! Contactless, chargeless, effortless.

    “We are thrilled to introduce Wayve Pay to the world,” said Seve Ortale, Founder of Wayve Pay. “Our goal is to simplify and enhance the payment experience for businesses and consumers. With Wayve Pay, making payments has never been easier or more secure. We are excited about the positive impact our solution will have on businesses and individuals alike. Thanks to the tokenization provided by our partner, Fidesmo, the Wayve Pay ring allows you to pay wherever you want, whenever you want.”

    The convenience of paying with a ring instead of a card

    There are many situations when it is definetly more convenient to pay with a ring instead of paying with a credit card. The ring supports its owner to enjoying a flexible lifestyle like jumping from the surfboard to the next beach bar with no stress: The Wayve Pay ring is P68 waterproof at up to 5 atm and does not need any charging. There is no need to remove the ring while washing hands, taking a shower or swimming.

    000000000000000000-+Wayve Pay is now available in Europe and is supported by certain cards from the following European banks: VIMpay, Curve, Nordea, SEB, Holm Bank AS, Placet Group OÜ, Swedbank, Aachener Bank eG, Comdirect, Consorsbank, Volksbank Freiburg, Volksbank im Bergischen Land eG, Volksbank Köln Bonn eG, Volksbank Kraichgau eG, Volksbank Lahr, Volksbank pur eG, Volksbank RheinAhrEifel, VR-Bank Lahn Dill eG, VR-Bank Neu-Ulm eG, Lateko Lizings AS, UAB Nordecum, W1TTY, Wittix, Eika Kredittbank, Marginalen Bank, Länsförsäkringar Bank, Swedbank and the Saving banks, Cembra Money Bank.

    To find if your card is supported, head to https://wayvepay.com/pages/supported-banks

    Wayve Pay online shop: https://wayvepay.com/products/wayve-pay-ring

    Frequently Asked Questions about The power of the ring – Wayve Pay revolutionizes the European payment landscape with an innovative wearable payment solution in form of a ring

    1What is a wearable payment solution?

    A wearable payment solution is a technology that allows users to make payments using a device worn on the body, such as a ring, watch, or bracelet, typically through contactless technology.

    2What is tokenization in payments?

    Tokenization is a security process that replaces sensitive payment information with a unique identifier or token, reducing the risk of fraud and data breaches during transactions.

    3What is NFC technology?

    NFC, or Near Field Communication, is a short-range wireless technology that enables devices to communicate and exchange data when they are close together, commonly used for contactless payments.

    More from Technology

    Explore more articles in the Technology category

    Image for Innovation Through Partnership: The Role of External Tech Teams
    Innovation Through Partnership: The Role of External Tech Teams
    Image for Nominations Open for Technology Awards 2026
    Nominations Open for Technology Awards 2026
    Image for Nominations Open for Innovation Awards 2026
    Nominations Open for Innovation Awards 2026
    Image for Archie earns industry recognition across G2, Capterra, and SoftwareReviews
    Archie Earns Industry Recognition Across G2, Capterra, and SoftwareReviews
    Image for The Bankaool Transformation: How a Regional Mexican Bank Became a Fintech Disruptor
    The Bankaool Transformation: How a Regional Mexican Bank Became a FinTech Disruptor
    Image for Submit Your Entry Today for Digital Banking Awards 2026
    Submit Your Entry Today for Digital Banking Awards 2026
    Image for Behavioral AI in Financial Services: Moving Beyond Automation Toward Human Understanding
    Behavioral AI in Financial Services: Moving Beyond Automation Toward Human Understanding
    Image for Submit Your Entry for Brand of the Year Awards Technology Bahrain 2026
    Submit Your Entry for Brand of the Year Awards Technology Bahrain 2026
    Image for Entries Now Open for Best Islamic Open Banking Burkina Faso APIs 2026
    Entries Now Open for Best Islamic Open Banking Burkina Faso APIs 2026
    Image for Entrepreneurial Discipline in the AI Economy: Insights from Dmytro Lavryniuk
    Entrepreneurial Discipline in the AI Economy: Insights From Dmytro Lavryniuk
    Image for Entries Now Open for Best New Digital Wallet Innovation Award 2026
    Entries Now Open for Best New Digital Wallet Innovation Award 2026
    Image for Call for Entries: Best Digital Wallet 2026
    Call for Entries: Best Digital Wallet 2026
    View All Technology Posts
    Previous Technology PostUnderstanding the Contactless Revolution
    Next Technology PostIntelligent Decision-Making Through the Use of AI in Banking Software