Psi-Pay: New Partnership with Kerv Wearables

Technology continues to provide new and innovative ways to tackle challenges confronted by everyday consumers each year. This maxim continues to ring true with the new announcement of the Psi-Pay to create a contactless payment ring as well as innovations to digital wallets. The contactless payment ring has been made possible by partnering with wearable technology company Kerv Wearables.
The contactless payment ring technology was first funded through crowdsourcing by the company Kickstarter. It met its funding goal during the fall of 2015 and had since gone on to win numerous awards for its innovative use of technology to create new solutions to common problems. Kerv Wearables hopes that the new technology will be able to extend its capabilities further to help tackle issues in such areas as data sharing and access control. Both of the companies leadership staff have expressed sincere gratitude for the profitable partnership that has been formed between the two companies.
In addition to the new contactless payment ring technology, Psi-Pay has also made some recent innovations in digital wallet technology. Some individuals may be questioning just how useful a digital wallet is. Digital wallets play more or less the same role as a traditional physical wallet. They create a single location that you can use to place cash, and credit and debit cards. However, there is the additional security that comes with the use of a digital wallet. Individuals who are using digital wallets are able to replace their cards with one device easily.
Perhaps the most significant hurdle to overcome with the use of digital wallets is that the technology varies depending on your geographic location. For example, in European countries, it is very common to use digital wallets that can carry cash balances. In these wallets, it is typically possible to hold multiple currencies. The providers of digital wallets must handle payment processing and issues such as payment disputes and chargebacks. In many cases, users of European digital wallets, like PSI- Pay, are able to replace their bank accounts with them completely. In order to do this, an individual must live somewhere that the digital wallet applications are supported widely.

Technology continues to provide new and innovative ways to tackle challenges confronted by everyday consumers each year. This maxim continues to ring true with the new announcement of the Psi-Pay to create a contactless payment ring as well as innovations to digital wallets. The contactless payment ring has been made possible by partnering with wearable technology company Kerv Wearables.

The contactless payment ring technology was first funded through crowdsourcing by the company Kickstarter. It met its funding goal during the fall of 2015 and had since gone on to win numerous awards for its innovative use of technology to create new solutions to common problems. Kerv Wearables hopes that the new technology will be able to extend its capabilities further to help tackle issues in such areas as data sharing and access control. Both of the companies leadership staff have expressed sincere gratitude for the profitable partnership that has been formed between the two companies.

In addition to the new contactless payment ring technology, Psi-Pay has also made some recent innovations in digital wallet technology. Some individuals may be questioning just how useful a digital wallet is. Digital wallets play more or less the same role as a traditional physical wallet. They create a single location that you can use to place cash, and credit and debit cards. However, there is the additional security that comes with the use of a digital wallet. Individuals who are using digital wallets are able to replace their cards with one device easily.

Perhaps the most significant hurdle to overcome with the use of digital wallets is that the technology varies depending on your geographic location. For example, in European countries, it is very common to use digital wallets that can carry cash balances. In these wallets, it is typically possible to hold multiple currencies. The providers of digital wallets must handle payment processing and issues such as payment disputes and chargebacks. In many cases, users of European digital wallets, like PSI- Pay, are able to replace their bank accounts with them completely. In order to do this, an individual must live somewhere that the digital wallet applications are supported widely.

 

https://www.dailyforexreport.com/digital-wallets-vary-country-psi-pay-ecopayz-close-gap/