Contactless Ring

[vedantnr (Vedant Ruparelia)]

What about introducing a contactless ring?
Recently when I was at work, someone just paid through hand and was wearing a ring, I just enquired that how did you pay, he said contactless ring.
Seems a cool thing.

[nexusmaniac (Marcus, Backend Engineer 🛠️)]

Hey

I think you might want to check out Kerv

https://kerv.com/en/

It’s likely what you saw your colleague paying with

[vedantnr (Vedant Ruparelia)]

What about a special monzo one?

[nexusmaniac (Marcus, Backend Engineer 🛠️)]

Sounds nice! Not sure if it’s what Monzo are planning but I wouldn’t be complaining if Monzo, all of a sudden, launched a hot coral ring

It would be pretty cool hot (coral)

What makes you want a Monzo specific one vs a Kerv? Just curious

[vedantnr (Vedant Ruparelia)]

It would be like the first digital bank providing this facility, kerv is like more generic but monzo ring would be more special and a bigger brand.

[vitaminj (Stephen Spencer)]

Crosslinking with this thread is probably useful here, there’s already been a bit of discussion around this kind of thing

BPay type payment band

Hi there I’m a regular commuter to the city . I take bus train , London Underground and tube to work . So taking out my wallet or phone to keep paying is a bit of pain also has lead to my losing my keys and anything else I have in my pocket . For the last few years I have been using bPay which allows you to have your bank card on your wrist . It’s super useful and I can use my monzo card on it as payment method . But you don’t get the spend analyse which is one of the major benefits of using mon…

[Dwtk]

I guess the more we keep talking about it and keeping thread alive the more attention monzo will take . So please share your ideas here . I’m not a rings guy but I guess others are .

[TheSilentHarp (Kenneth C Lawrence)]

I doubt there’d be a special monzo one, but I’ve seen I’ve of these recently which connects to an app on the phone and can be programmed for anything from access control doors to bank accounts.

If anything, it’d just be permission to allow monzo to connect (probably through Apple/ Android Pay )

EDIT

Token's Smart Ring Can Make Contactless Payments, Store Passwords | Digital...

This is the one I saw. Requires fingerprint to unlock it too, and remains unlocked until it is taken off

[ha3]

It’s made me think if multiple account supported Monzo cards could be sent out with one of the cards designed to ‘clip out’ the chip as a ring.

It would then act as a ring sizer where the excess could be broken off for a comfortable payment ring solution, perhaps as a perk that could be offered to premium accounts.

[katewilliams (Kate Morgan)]

I really like the look of the K Ring.

They come in black or white with different interior colour options, so imagine a Monzo edition with hot coral on the inside.

[ha3]

Totally!

[alexwaugh]

New kid on the block. Still have to use it as a separate top-up account though. Come on Monzo get on board! This would be awesome!
https://mclear.com/

[gmclean]

I hope Monzo do not get on board any time soon.

If for no other reason that this simply cannot be a priority, can it?

[Juggy69]

Really see no point it this with the new contactless limits

[jph]

@ha3

It’s made me think if multiple account supported Monzo cards could be sent out with one of the cards designed to ‘clip out’ the chip as a ring.

That won’t work as the contactless induction circuit is much bigger in a bank card.

[BritishLibrary]

I could be interested in this sort of thing if it worked like Curve, as a “pass through” type payment.

That seems the best value proposition - banks don’t each have to invest for a small user base, customers who want it Pay a nominal fee, works in a way that is seamless with your existing bank rather than a pre paid set up.

(Not sure if the recent link is one of those types… but my 2c)