KUALA LUMPUR, Feb 13 (Bernama) -- Leaving home without your phone, card, wallet or cash has become possible with the roll out of the first payment ring to 'tap and go' on the run.
The payment ring called ?Bankwest Halo', links to a customer's Bankwest transaction account and works just like a contactless payment card.
Rowan Munchenberg, Managing Director at Bankwest, a division of Commonwealth Bank of Australia, said the ring was developed in response to the changing needs of customers.
"Customers' needs are always changing and in today's digital world, they increasingly expect smooth transactions that fit with their lifestyles, whether shopping online or in person," he said in a statement.
With the ring, the bank account holder do not need to carry cash or bank cards, and it also has the same security as any credit cards with a 24-hour fraud protection.....