HyperRing, a secure wearable technology platform, has launched its 2nd Generation HyperRing, based on the most current reports sent to Finbold on Tuesday, December 3.
The first of its kind in the United States, the new device offers seamless fiat payments with global reach.
In the near future, HyperRing also plans to expand its network of participating banks and introduce cryptocurrency payments.
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2nd-Generation HyperRing
Certified by Visa and Mastercard, the 2nd Gen HyperRing comes with a battery-free design paired with enhanced security features.
Equipped with NFC-powered tap-to-pay technology, the ring lets users make payments with a simple tap.
To do so, users can link existing credit or debit cards or opt for prepaid cards via HyperRing Pay, depending on regional availability.
The payment solution is available in key markets, including the United States, European Union, United Kingdom, Asia, Middle East and North Africa, and South America.
HyperRing security and convenience
HyperRing’s authentication and proximity-based activation systems ensure transactions are secure and possible only within 3 cm of the payment terminal.
Should they lose the ring, users can block transactions through the HyperRing Pay app to protect their finances.
Unlike traditional smart devices, the 2nd Generation HyperRing uses no batteries and thus does not require charging.
Instead, it leverages the tap-to-pay technology itself to remain always ready, and it is also waterproof and dustproof.
When it comes to the build, the 2nd Gen HyperRing options include luxurious 14-karat gold, polished sterling silver, lightweight titanium, and ceramic designs like Aurora Lumina (Mother of Pearl white) and Midnight Aurora (Onyx black).
The new model is also thinner and lighter than the previous model, and pre-orders come with lifetime free access to HyperRing’s software, otherwise priced at $20 annually.
