PSI Pay a global financial transaction and payment fulfillment company is establishing specialized contactless payment options for the general public to make transactions without pulling out their cards with innovations such as their contactless ring that is providing easy payment options for shoppers. PSI Pay has been part of the information revolution in contactless innovations by providing opportunities for the advancement of the technologies that make purchases both safe and secure through multiple online platforms. Individuals are able to register their bank accounts, personal debit cards, and even transfer funds from prepaid sources that can be utilized on their contactless ring to make purchases both online and at affiliated vendors throughout the UK.
PSI Pay is teaming up with Kerv their affiliate and the organization that developed the contactless ring that can be worn by the general public and link to their PSI Pay app and used as a form of payment that no longer requires them to punch in a PIN or pull anything out of their wallets or purses to make normal transactions on a daily basis. The option of providing a ring on your finger gives individuals an opportunity to move swiftly through checkout terminals and provide a safe and secure option that can be utilized to make their individual shopping experience less timely and more efficient. PSI Pay has created 12 different sizes that are gender-neutral so men and women can wear and utilize the new technology and move swiftly through checkout stops and other basic shopping experiences with the convenience of waving their hand over designated terminals and swiftly proceeding through checkouts.
Most of the transactions generated with the contactless rings are for small shops and retail chains that individuals frequent on a regular basis and make small continuous purchases on a regular basis. Business such as small grocery stores, deli shops, and coffee chains are the most frequently used for the contactless ring technology. Terminals are also being constructed for public transportation and various other places where consistent small payment opportunities occur that can make the processing of payments through these arenas swift and user-friendly. PSI Pay continues to provide continuous innovation and advancement within the contactless payment industry and is revolutionizing the way that individuals pay for their everyday goods and services.