K Wearables, the payment wearable provider has selected The Payment Firm as its e-money issuer and BIN Sponsor for its card programme that powers its innovative contactless payment ring.

In recent years, the increase in the payment limit to £100* and acceptance at merchants has made contactless the norm among consumers looking for a convenient and secure method of payment.

Philip Campbell, Founder said “The vision for K Wearables has always been delivering an innovative, convenient and fun payment experience while maintaining security for the customer. We see the partnership with The Payment Firm as allowing us to deliver on that vision and look forward to sharing that with our customers.”

K Ring was developed as the world’s first contactless payment ring, issued on the K Wearables prepaid programme, allowing users to make a payment with a gesture of their hand.

K Wearables will announce further updates in early 2024.

*UK limit – other countries will vary