Question 1

Can my Contactless Payment Ring be hacked?

Accepted Answer

While no technology is completely risk-free, NFC technology is highly secure. The information transmitted is encrypted, and transactions are only initiated when the ring is in close proximity to a terminal.

Monesave Rings provide even more security becuase our payment chips are located at strategi

Question 2

How Can I Top up my Ring?

Accepted Answer

Monesave is a fintech app and not a bank. You can top up your Ring with Debit or Credit Cards, with Bank transfers or with regular top ups via the app so you dont even have to worry about taking your wallets or phone with you.

Question 3

Can my Ring be skimmed in crowded places?

Accepted Answer

Conventional contactless credit / debit cards and payment wearable watches have a design flaw. They are vulnerable to skimming fraud and payment theft, because they transmit payment data along the plane of their surface, so an activated POS can withdraw money even without your knowledge. Your Orukka

How Smart Payment Rings work

Date and time

Location

Good to know

About this event

Frequently asked questions

Tags

Organized by