Mycryptobank stands out with one of its unique features called the Payment Ring embedded into the bank’s core system. The payment ring is a contactless ring worn on the finger, used for making payments worldwide; it is accepted in close to 50 million stores worldwide. The payment ring comes in various colors.
Payment ring which uses Near Field Communication to exchange data which does not in anyway come in contact with your phone or your device. It has several advantages over other means of making payment:
i. Sleek and Simple: The payment ring comes in a sleek, glossy form which makes it comfortable to be worn. It is light and thereby not cumbersome; hence it can be worn for a very long period and carried about without damage. It can hardly be lost as it is worn on the finger, unlike a credit card which may slip out place.
ii. No Power: Another stunning advantage of the payment ring is that it does not require a power bank or electricity for recharge, as it does not use the battery. Hence, it is a heavy cost-saver and also maintenance-free. Therefore you can always do transactions in Mycryptobank with your payment ring.
iii. No Connectivity to Phone or Device: Unlike some of the other devices, it does not require connectivity to your device, all that is needed is to bring it close to the device. Despite this, there is no need to worry about stuff like account PIN, card number, etc. This makes payment ring the new, smart and secure way to make payment.
iv. Water Proof: The payment ring is 100% water resistant, thus no need to worry about getting the hand wet. Unlike the ubiquitous cards, swim or get under the shower, it is safe.
v. Scratch Resistance: One great beauty of the payment ring is that it is scratch-resistant. It virtually can not be defaced; all inscriptions remain intact for a life time. Fabricated from mostly from ceramic tagged zirconia, it is as scratch-resistant as diamond.
vi. Durability: By virtue of the numerous features mentioned payment rings are very durable, incredibly indestructible. This gives it a lofty edge over other forms of payment.
vii. Secured: Payment ring puts your mind at rest, even in the mist of a storm. No more heartbreaks from the stolen PIN and Card Number. It can be controlled on or off for security reasons. Restrictions can be set to bar unauthorized persons. It gives live updates of transactions. So, have no fears!
How to Use Payment Ring
Using payment ring is one of the easiest tasks on the planet. Simply bring the fist close to the reader or device and tap in and tap out when done. Hurray! Freedom beckons with Mycryptobank.
Deposit, Withdraw and Invest
With the introduction of payment ring into Mycryptobank, it is apparent that we are the new leaders in the cryptocurrency community. We offer a wholly unique way of doing traditional banking effortlessly with crypto currencies. Bank with Mycryptobank and you are on your way to financial freedom.
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