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

    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
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    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.

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