Exceptional product
For the first time on the banking market in the Republic of Moldova, OTP Bank and Visa present an exclusive technological jewel - the payment ring equipped with NFC (Contactless) technology, which securely encapsulates Visa Platinum or Visa Infinite card data for a unique payment experience.
The payment ring from OTP Bank and Visa is an exceptional product that will allow you to pay effortlessly with a simple touch of your hand at any device that supports Contactless payments. Whether you are in a restaurant, in a shop, near an ATM or in any destination at home or abroad, the Payment Ring offers you a unique payment experience that is fast, secure, safe and guaranteed WOW effect.
Innovation and design
The payment ring from OTP Bank and Visa is not just an elegant jewelry, but an ideal combination of revolutionary technology and original design, a perfect accessory for those passionate about innovation, travel, unique experiences and undeniable exclusivity.
Made of high quality zirconium oxide ceramic - a material of exceptional hardness and aesthetically pleasing appearance, commonly used as a replacement for diamonds - the payment ring can be worn for an unlimited period of time, keeping its appearance intact. Being made of an inert material, it does not cause irritation or allergies.
Its sleek design makes it suitable for both men and women, and the discreet black color can be adapted to any outfit. Despite its minimalist look, it is resistant to water, extreme temperatures, electromagnetic waves, dust, drops and scratches, allowing it to fit seamlessly into any lifestyle. The rings come in various sizes and are 'Comfort Fit', which means they are not flat on the inside, but have a softer, curved inner edge to provide more comfort in everyday use.
How does it work?
OTP Bank's payment ring is equipped with a miniature chip and NFC antenna, encapsulated inside the ring, on which the bank card data is recorded. The ring has no battery and requires no charging, thanks to Passive NFC technology.
To pay with such a ring, simply hold it close to the payment terminal screen above the contactless symbol. The device accepting the payment (POS terminal, ATM, self-service device, Tap2Phone, etc.) will react in the same way as when paying with a physical card or through Google/Apple Pay applications, with the same transaction limits applied (for contactless payments exceeding 1000 lei, a PIN code is required).
Customers opting for this unique product will receive at least 2 (two) Visa Platinum cards, issued to the same card account. One of the cards (its data) will be registered on the payment ring, and the other will be issued on plastic, for more convenience when making online payments or for access to Lounges in domestic and international airport lounges, where the physical card is required. The card data will be different, making it easier to delineate transactions.
Card accounts can be opened both in Lei (MDL) and in EURO or US Dollars (USD).
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