Can You Pay With Smart Ring?

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Can you pay with smart rings
Mclear RingPay 2 is one of the most popular contactless payment rings.

One of the most common ways to use a smart ring is to make purchases. Just like any of your payment-enabled smartwatches, smart rings are capable of making purchases at the point of sale. However, not all smart rings can do this specific functionality.

Which smart rings are used for contactless payments? You might ask. There are a bunch of them on the market. These smart rings are often referred to as “contactless payment rings,” which are passive in nature, which means the wearable device does not have a power source, therefore they do not need to be charged at all.

Contactless payment rings use NFC to transmit data from your ring to the payment terminal, thus their other terms are “NFC ring” or “NFC smart rings.”

ALSO READ: WHY IS A SMART RING BETTER THAN A SMARTWATCH?

How do You Pay With a Ring?

To make a payment, it works by tapping or bringing your knuckle close to the terminal. You do not need your phone or your credit or debit card with you to process the payment. Nevertheless, your card’s ceiling or limit still applies.

Before you can use your smart ring for contactless payment, you need to register your card on the app that comes with the ring.

Payment rings are usually intended for making purchases only. However, there are other smart rings that may include keyless access to cars, doors, etc. Good examples of contactless payment rings include Mclear RingPay 2, Cnick, and Evering.

ALSO READ: HOW MUCH DOES A SMART RING COST?

Top Smart Rings You Can Buy

If you are in the market for smart rings, here are some you should consider:

SMART RINGPRICE
Ultrahuman Ring Air$349GET IT HERE
Oura Ring$299GET IT HERE
Amovan Smart Ring$169GET IT HERE
Ringconn$279GET IT HERE
Luna Ring$180GET IT HERE
Boat Ring$110GET IT HERE
Mclear RingPay$100GET IT HERE
Jakcom R5 NFC Ring$39GET IT HERE
Hectare NFC Ring$34GET IT HERE
Colmo Tesla Smart Ring$100GET IT HERE
Kimiss Car Smart Key$94GET IT HERE
Cnick Tesla Key Ring$120GET IT HERE

ALSO READ: WHICH FINGER DO YOU WEAR A SMART RING ON?

For an in-depth look at the differences between a smart ring and a smartwatch for fitness tracking, be sure to read this guide: Smart Ring vs. Smart Watch: Which Is the Best Fitness and Activity Tracker?

If you want to explore more smart rings, check out these guides:

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