{"id":167247,"date":"2016-06-03T07:30:58","date_gmt":"2016-06-03T05:30:58","guid":{"rendered":"http:\/\/mybroadband.co.za\/news\/?p=167247"},"modified":"2016-06-03T07:33:09","modified_gmt":"2016-06-03T05:33:09","slug":"visa-payment-ring-introduced","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/banking\/167247-visa-payment-ring-introduced.html","title":{"rendered":"Visa payment ring introduced"},"content":{"rendered":"<p>Visa will provide a payment ring backed by a Visa account to all Team Visa athletes at the 2016 Olympic Games.<\/p>\n<p>The Visa payment ring is NFC-enabled, allowing athletes to make purchases by tapping their ring at any NFC-capable payment terminal.<\/p>\n<p>The ring uses the NFC Ring design of McLear &amp; Co, which\u00a0includes a secure microchip made by Gemalto with an embedded NFC-enabled antenna, enabling contact-less payment capabilities.<\/p>\n<p>The ring does not require a battery, and is water resistant to 50 metres.<\/p>\n<p>Visa also demonstrated a prototype version of the ring which uses token technology.<\/p>\n<p>Visa\u2019s token technology replaces sensitive payment information, such as the 16-digit account number, with a unique digital identifier that can be used to process payments without exposing account details.<\/p>\n<h3 class=\"my-4\">More on\u00a0payment systems<\/h3>\n<p><strong><a href=\"http:\/\/mybroadband.co.za\/news\/gaming\/163332-steam-now-lets-users-pay-for-games-with-bitcoin.html\">Steam now lets users pay for games with bitcoin<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/mybroadband.co.za\/news\/banking\/159047-how-to-mine-bitcoin.html\">How to mine Bitcoin<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Visa has revealed an NFC-enabled payment ring for Team Visa athletes to use at the 2016 Olympic Games.<\/p>\n","protected":false},"author":23,"featured_media":167249,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10106],"tags":[36,899,37459],"class_list":["post-167247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-active","tag-visa","tag-visa-payment-ring"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/167247"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=167247"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/167247\/revisions"}],"predecessor-version":[{"id":167265,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/167247\/revisions\/167265"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/167249"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=167247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=167247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=167247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}