PSI-Pay and Kerv Wearables have announced that they are partnering up to enable the world’s first contactless payment ring, to be released to the global market.
PSI-Pay is one of the UK’s leading regulated Fintech companies, providing digital account and payment card facilities to the international market and Kerv are one of the leading innovators in the alternative payments industry.
The partnership utilises PSI-Pay’s MasterCard licence which will enable users of the Kerv contactless payment ring to pay in 38 million locations worldwide. Kerv users will be able to fund their account via debit or credit card, bank transfer or PayPal, either via a manual load, or the auto top-up service. In addition to contactless payments, Kerv users may make online or in-app purchases with their virtual card.
Phil Davies, Managing Director of PSI-Pay Ltd said; “We are extremely pleased to have been chosen to work with Kerv. As alternative payments go...