Tuesday 7th June 2016 – PSI-Pay and Kerv Wearables have announced that they are partnering up to enable the world’s first contactless payment ring, to be released to the global market.
PSI-Pay is one of the UK’s leading regulated Fintech companies, providing digital account and payment card facilities to the international market and Kerv are one of the leading innovators in the alternative payments industry.
The partnership utilises PSI-Pay’s MasterCard licence which will enable users of the Kerv contactless payment ring to pay in 38 million locations worldwide. Kerv users will be able to fund their account via debit or credit card, bank transfer or PayPal, either via a manual load, or the auto top-up service. In addition to contactless payments, Kerv users may make online or in-app purchases with their virtual card.
Phil Davies, Managing Director of PSI-Pay Ltd said; “We are extremely pleased to have been chosen to work with Kerv. As alternative payments go Kerv has to be one of the most innovative, exciting and useful solutions available. There is no doubt that the market is now embracing these revolutionary payment applications and we are proud to be partnering with Kerv and being able to share in its inevitable success.”
Phil Campbell, Founder of Kerv said; “With Kerv we are creating a unique new payment device – not only with a more convenient, personal form factor but extending its capability beyond payments, to transport, data sharing and access control.”
He continues “With numerous challenges to bring Kerv to market, it was important to work with partners that are responsive, open minded and capable of solving challenges. PSI-Pay have demonstrated that clearly through our work with them, and we would not be able to bring Kerv to market without their support.”
The Kerv contactless payment ring exceeded its target on Kickstarter in October 2015, has received global media coverage and has won a host of awards, most recently the Temenos Innovation Jam in front of a global banking audience.
Ends
Notes to editor
Assets:
https://www.dropbox.com/sh/9mnakjh0hcmwwkd/AADp1PM3NBLdNHk2BeJlQw9xa?dl=0
For enquries Phil Davies is available for interviews and speaking opportunities. For further information about PSI-Pay and for further enquiries contact Nicola Cooper, Media Services Manager on +44(0)1403 788 336 or email nicolac@psipay.com.
About PSI-Pay Ltd
Globally renowned for our secure, online digital account (ecoPayz), PSI-Pay Ltd is an FCA regulated company that provides a rapid, secure and private means for individuals and businesses to make payment transactions globally.
PSI-Pay Ltd is authorised by the FCA under EU electronic money regulations 2011 (register reference 900011) for the issuing of electronic money.
PSI-Pay Ltd is a Principle Member of MasterCard® offering bespoke virtual and physical card programs for companies and individuals worldwide. These include corporate expense management and remote staff payment schemes that utilise PSI-Pay’s self-card and account issuing facilities. MasterCard is a registered trademark of MasterCard® International Incorporated.
Learn more about PSI-Pay at www.psi-pay.com or contact us at business@psipay.com.
About Kerv
Kerv is the world’s first contactless payment ring.
Visit http://kerv.com/press for Media Assets. For more information and news, visit http://kerv.com
Log in to access complimentary passes or discounts and access exclusive content as part of your membership. An auto-login link will be sent directly to your email.
We use an auto-login link to ensure optimum security for your members hub. Simply enter your professional work e-mail address into the input area and you’ll receive a link to directly access your account.
Instead of using passwords, we e-mail you a link to log in to the site. This allows us to automatically verify you and apply member benefits based on your e-mail domain name.
Please click the button below which relates to the issue you’re having.
Sometimes our e-mails end up in spam. Make sure to check your spam folder for e-mails from The Payments Association
Most modern e-mail clients now separate e-mails into different tabs. For example, Outlook has an “Other” tab, and Gmail has tabs for different types of e-mails, such as promotional.
For security reasons the link will expire after 60 minutes. Try submitting the login form again and wait a few seconds for the e-mail to arrive.
The link will only work one time – once it’s been clicked, the link won’t log you in again. Instead, you’ll need to go back to the login screen and generate a new link.
Make sure you’re clicking the link on the most recent e-mail that’s been sent to you. We recommend deleting the e-mail once you’ve clicked the link.
Some security systems will automatically click on links in e-mails to check for phishing, malware, viruses and other malicious threats. If these have been clicked, it won’t work when you try to click on the link.
For security reasons, e-mail address changes can only be complete by your Member Engagement Manager. Please contact the team directly for further help.
