It is a world of limitless impossibilities and with technology by our side more and more amazing innovations and advancement in various fields are inevitable. When we carry out an investigative gaze into banking services, over the years we have seen their creativity increasing daily from credit cards to digital banking and now to a whole new level that seems unbelievable that is contactless and cashless; all you need is a watch, a ring, a bangle, wristband or any jewelry and you will be good to carry out your transaction. Ask PSI-Pay, they are not joking when they say that soon we will not require those wallets and plastic money.
PSI-Pay in partnership with Kerv Wearables which is a Fintech Company, is slowly transforming the world of banking into a magic like a world where you can settle for your bills on the counter using contactless means. The world is changing and you don’t have to be left behind. The payment ring is being used in the European market and soon it will spread like wildfire when people get to know it better.
The possibility of PSI-Pay being the future mode of payment is high and almost guaranteed because the world is becoming more technologically advanced daily. But why will these Kerv Wearables dominate over the rest payment modes? For one, many people prefer not to carry a lot of money in their wallets and this ring will carry more yet no weight will be felt. Secondly, the trend of cashless is increasing and this consequently means people don’t want to be carrying wallets around; hence the best option is PSI Pay. Thirdly, consumers are becoming more impatient in our millennial age, hence no one wants to stay in a queue for hours to make payment and again they are worried about the security of their account when it comes to contact payment; this is definitely a call that they want a better payment means which apparently happens to be PSI Pay.
If this contactless payment mode will address the core consumer challenges then it means it will be the most convenient to many people. By 2020, there is an estimation of having more than 600 million usable wearable devices. The future is here, will you embrace it?