Visa’s Payment Ring Will Debut at the Rio Olympics

Visa’s Payment Ring Will Debut at the Rio Olympics

How we pay for things changes almost as quickly as the technology it uses, with us doing away with metal coins and paper notes for plastic notes and cards. These days you don’t even need to use your card directly, instead being able to tap your card against the payment terminal to pay for your lunch. Should this still be an inconvenience for you, it’s also possible to enable your phone to do exactly the same thing, meaning you never need to worry about forgetting your card again. Visa seems to think so as they bring a new level of this technology ready for its debut at the Olympics in Rio this year in the form of a ring.

Currently unnamed, the band looks plain in either black or white but contains a secure microchip and embedded antenna. With 20 sizes in the initial trial, Visa is keen to allow customers and the athletes at the Olympics to pay for their experience with something as simple as a Jedi hand wave. The rings draw their power from the payment terminals, using just enough to identify you without the need for all your personal information to be located on the phone.



If you want to stay informed with the tech news, tech updates, you can follow our blog on social networks.

Comments

Post a Comment

Popular posts from this blog

"Investors need a minimum." When Bitcoin Will Begin Recovery

Image
  Experts have named two important factors that will allow the first cryptocurrency to complete the correction phase and return to growth. Over the past three months, the value of bitcoin has been gradually decreasing. The asset moved to a downward movement after it updated the historical maximum above $ 69 thousand in early November 2021, since then it has fallen in price by 38%. On January 10, the price of the cryptocurrency for the first time since September fell below $ 40 million. on January 17, the asset is traded at $ 42.7 thousand Experts explained that it puts pressure on the bitcoin rate and when the cryptocurrency will be able to return to growth. Investor Fear The financial world has recently been living in anticipation of a tightening of the Fed's monetary policy, which will lead to a massive flow of investors' funds from emerging markets to the dollar, explained Artem Deev, head of the analytical department of AMarkets. According to him, against this background, t
Read more

When Bitcoin Will Be More Expensive Than $100 Thousand: A Selection of Predictions

Image
Experts analyzed the market situation and gave forecasts for the growth of bitcoin after updating the historical maximum set in 2021Since the end of January 2024, bitcoin (BTC) has risen in price by one and a half times and reached a record $59 thousand per coin since 2021. The all-time high of the bitcoin rate was reached on November 10, 2021 at $68.7 thousand. According to Coingecko, on February 28, bitcoin's capitalization exceeded $1.1 trillion, which is more than half of the market share of the entire crypto market, the total capitalization of which is estimated by analytical services at $2.2 trillion. Ethereum (ETH), the second largest cryptocurrency by capitalization, has also updated its annual maximum, with Ether trading above $3,300 with a capitalization of more than $398 billion. Bloomberg called the activity of retail investors before the upcoming halving and the launch of bitcoin-based exchange-traded funds on January 11, 2024, the main reasons for the rise of bitcoin
Read more

Is the Presence of Pips Required for Engaging in Forex Trading? - Exploring the Definition of Pips in the World of Forex Trading

Image
Why are pips necessary in forex trading?   If the pilot in the cockpit of your Boeing 747 is ready to take off, but then looks up and sees that none of the flight instruments are working, don’t tell him to simply put his foot on the gas and fly. Without his altimeter, compass, and airspeed indicator, he may be able to bring the plane up into the air, but he’ll have difficulty keeping his path steady, turning the aircraft properly, and dealing with unexpected events along the way. Similarly, for a trader about to take off into the global forex market: It would be reckless to urge him to simply sign up for an online brokerage and start trading (which could be done quite easily). Before doing that, he needs to make sure his instruments are in good condition. This article is about one of the most important instruments in his forex trading cockpit: Pips. In forex trading, you need to be able to determine how much money you stand to earn or lose on every trade. This is the only way one is a
Read more