23 November 2020

RingPay by McLEAR

Written By McLEAR in Customer Loyalty

RingPay by McLEAR

 

 

MCLEAR LAUNCHES RINGPAY WITH NEW FEATURES, REWARDS AND EXCLUSIVE MEMBERSHIP CLUB BENEFITS 

 

On a continued mission to make life more convenient, McLEAR have been quietly enhancing the world’s most frictionless way to pay.

 

23 November 2020 // London. Smart Ring pioneers McLEAR launches RingPay to market. The payment wearable is packed with new features and exclusive benefits; RingPay Rewards, RingPay+ and RingPay Giving.

 

RingPay by McLEAR makes payments fast, secure, and invisible. Users can make contactless payments of up to £45, and top up their ring by simply adding their preferred credit or debit card onto the RingPay app. The app allows users to track their spending in real-time, control their budgets, set automatic top-ups, respect physical distancing guidelines, and in case of loss, instantly freeze their Ring.

 

Making payments rewarding, McLEAR’s partnership with parsnip also allows users to earn in-store cashback at the growing number of selected retailers in the RingPay Rewards Programme, such as Nike, Foot Locker, Gap and River Island. A wearable so smart it pays for itself. 

 

Ringholders can save significant amounts on every day purchases by subscribing to RingPay+, premium members’ club to gain access to  fantastic discounts and cashback, generated through hundreds of merchants across numerous categories including entertainment ticket bookings, cinema trips, restaurant offers, hotel discounts and holiday travel deals.

 

In addition, the RingPay Giving feature, lets Ringholders choose to automatically send a micro-sized donation to their chosen charity when they make a purchase using their Ring. Ringholders control how much they give using monthly donation caps, and charities benefit from free Gift Aid reports allowing them to claim an extra 25% on all donations given. This social impact service is turning every contactless payment reader into a charity collection bucket!

 

The discreet and premium RingPay design is scratch-resistant, stress-tested, waterproof and requires no battery. Simply use McLEAR patented fist bump technology at any contactless reader for ‘blink and you’ll miss it’ payments. Forget the days of unlocking your phone or emptying your pockets. It’s always there on your finger, ready to go. 

 

Daniel Blondell, Chief Operating Officer said: “The mission with RingPay is to improve the payment experience; making it faster, effortless and more rewarding. Whether commuting to work, picking up some essentials or off on your travels, RingPay by McLEAR gives you peace of mind knowing your finances are safely in-hand. Just kick back and fist pump your way to better spending and awesome rewards.”  

 

Mike Dunn, at Raisr, said: “The McLEAR and Raisr partnership provides a really simple way for Ringholders to support any registered UK charity of their choice, with no deductions from the donations, and no fees charged to the charities or Ringholders. Charities can benefit from the huge contactless payment revolution as Ringholders go about their normal day, buying things using their Ring, and donating to the causes that are closest to their hearts’

 

Take your money the extra mile with RingPay by McLEAR. For more information visit: www.mclear.com

 

About McLEAR

 

McLEAR is the pioneer of wearable payment technology for consumers and businesses. Since 2018, our Smart Ring has enabled more than 100,000+ Ringholders to make contactless payments globally with a simple tap of a hand. 

 

The Smart Ring was invented by McLEAR in 2012, designed and manufactured to be water and shock resistant and requires no battery; making it the ideal wearable payment device that fits seamlessly into any lifestyle. Ringholders can set rules and manage their Ring through a dedicated app, which also gives them access to numerous exclusive features and benefits.  

 

The world’s first payment Ring was showcased alongside their partner Visa at the Rio Olympics, followed by other key events including Super Bowl 51, Eurovision 2017, FIFA Confederate Cup 2017 and the GRAMMY Gift Lounge 2018; where known celebrities such as The Hooligans, Zac Brown, Jeff Timmons, Paul Shaffer, Anthony Hamilton, Shaggy, Louis Fonsi, Kesha, Ice T and Neil DeGrasse Tyson became Ringholders!

 

McLEAR works in partnership with Visa, Thales, Infineon and other leading financial and technology institutions to bring the Smart Ring to more end-users; or financial institutions and businesses that are looking to provide their customers with the latest wearable payment technology.

 

For more information or to order your Ring: mclear.com 

 

 

 

ADDITIONAL INFORMATION

 

  • The app allows you to export transaction receipts

 

  • Add up to 4 Rings to an individual wallet

 

  • Protect your money with biometric app login

 

  • Enhanced security when you load money into your wallet and while you’re spending

 

  • You can even add multiple funding sources in case you want to balance where you add your funds from

 

 

 

Up Next ...
04 November 2024

Finance apps are in ‘need of improvement’, says a quarter of Brits

A recent survey by UK mobile specialists Apadmi reveals that ...

04 November 2024

Barclays acquires Tesco Bank

Barclays Bank UK PLC has completed the acquisition of Tesco ...

04 November 2024

fundcraft Increases Series A to €11 Million Demonstrating Strong Product-Market Fit

fundcraft has increased its Series A funding to €11 million, ...

01 November 2024

Mollie and Hyvä announce strategic partnership, launching Hyvä Commerce

Mollie, a leading financial service provider, has partnered with Hyvä, ...

More in Customer Loyalty

Revolut Shops launches in Ireland

14 October 2022

Revolut has launched its Shops service in Ireland. In Brief: Shops enables ...

Revolut offers new points and prizes to customers 

02 July 2021

Challenger bank Revolut has begun a weekly lottery to boost ...

Posted By The Community

Pandemic drives over half of consumers to shop more locally; bank data key in enabling SMEs to compete with big businesses

27 May 2021

The principal drivers behind consumers wanting to support local businesses include reinvesting in lo...

Written By: Pollinate

Posted By The Community

Pollinate’s loyalty offering for banks and SMEs rolled out nationwide in UK

29 April 2021

Pollinate’s merchant-funded loyalty program rolled out across the UK, and available to all banks and...

Written By: Pollinate

Case Studies Customer Loyalty

2018 U.K. Prepaid Gift Cards Survey

01 March 2019

This paper tries to understand and track trends in physical or eGift/digital gift card usage among b...

There are no Events in this category