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Quontic Bank launches payments ring

Digital bank Quontic has unveiled the US market's first ever contactless payments ring that customers can link to their checking accounts.

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Quontic Bank launches payments ring

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The ring, which does not need to be charged and can be disabled if lost, can be linked to a Quontic checking account and used to make tap-and-pay in-store purchases. The bank is offering customers the ring for free for a limited time, after which it will cost $29.

Steve Schnall, CEO, Quontic, says: "Welcome to your debit card, evolved. Quontic is the first bank to offer Bitcoin rewards on a checking account, the first to offer a wearable payment solution, and, often, the only bank willing to demonstrate just how innovative a digital bank can be."

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