PSI-Pay has formed a partnership with Kerv Wearables with the purpose of providing the world with the very first contactless payment ring. This will be released on the global market. One of the largest regulated Fintech companies in the United Kingdom is PSI-Pay. They provide the international market with payment card and digital account facilities. Once of the leading innovators regarding the industry of alternative payments is Kerv Wearables.
PSI-Pay has a MasterCard license the partnership will be using to provide access to 38 million worldwide locations for Kerv contactless payment ring users. The accounts of the Kerv users can be funded with a credit card, debit card, bank transfer, auto top-up service or PayPal. Not only will Kerv users have the ability to make contactless payments they can make in-app or online purchases simply by using their virtual card.
PSI-Pay’s Managing Director is Phil Davies. He spoke of how pleased he was at Kerv’s choice to work with his company. He believes Kerv choosing to accept alternate payments is one of the most useful, exciting and innovative solutions currently available. He has no doubt PSI Pay’s revolutionary payment applications will be embraced by the market. He is proud of the partnership between PSI-Pay and Kerv and is looking forward to sharing in the success inevitable from their partnership.
The founder of Kerv is Phil Campbell. He stated the partnership between PSI-Pay and Kerv is about the creation of a new device for payments. He says the form factor is not only personal and convenient but has the capability to extend far beyond payments. The device can additionally be used for access control, data sharing and transport. He believes due to the challenges in bringing Kerv directly to the market it was crucial they work with partners that are capable of solving these challenges, capable and open minded. Through the work PSI-Pay has done with Kerv they have demonstrated they are the right partner. He does not believe they could have been successful without the full support of Kerv. The contactless payment ring has received media coverage from across the globe and won numerous awards.
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