TCS | VezoPay on new South African-made payment ring

Loading player...
A new smart payment ring has been launched in South Africa – and it’s built by South Africans for South Africans.
In this episode of the TechCentral Show (TCS), TechCentral editor Duncan McLeod chats to VezoPay founders Jake Pinkus and Lawrence Baker about the launch of the ring – it’s available in three variants at launch – and what was behind the idea.
In the interview, they not only explain why they decided to build a payment ring, but also why they’re entering what could soon become a highly competitive market globally, with both Samsung Electronics and Apple expected to launch their own smart rings later this year.
Pinkus and Lawrence unpack:
• How long they’ve been working on the payment ring, and where the idea came from;
• How much research and development was involved, and who’s backing the innovation;
• How the technology works, and what exactly is inside the ring;
• The various options available at launch;
• How it works without having to be charged;
• How the security features work (without giving the game away);
• How VezoPay is working with South African banks;
• Whether the ring can be used for ticketing (concerts, Gautrain, etc);
• How much it costs;
• The potential competition from Samsung and Apple; and
• VezoPay’s plans to expand beyond South Africa’s borders.
Don’t miss the interview!
1 Jul 2024 English South Africa Technology · Business

Other recent episodes

Meet the CIO | Healthbridge CTO Anton Fatti on the future of digital health

Anton Fatti, chief technology officer of HealthBridge, says the doctor-patient relationship must remain at the centre of digital transformation in healthcare, even as AI reshapes how medical practices operate. Speaking on TechCentral’s Meet the CIO podcast series, brought to you by NTT DATA, Fatti said AI and cloud computing are…
23 Mar 45 min

TCS+ | Arctic Wolf unpacks the evolving threat landscape for SA businesses

Most security teams can tell you what they've deployed. Far fewer can answer the board's next question: are we actually less exposed than we were three months ago? In many organisations, the gap between security activity and real risk reduction remains stubbornly wide, even as threats become faster, more adaptive…
19 Mar 29 min

TCS+ | Vox Kiwi: a wireless solution promising a fibre-like experience

Access to stable, reliable, high-speed internet is crucial to participating in the modern economy. Although fibre connectivity offers the highest speeds and reliability, fibre penetration rates unfortunately remain relatively low in South Africa, leaving may would-be customers wanting. Vox recently launched Kiwi, a wireless connectivity solution promising a fibre-like experience…
13 Mar 15 min

TCS+ | Flipping the narrative on AI in the Global South

In this thought-provoking episode of TechCentral's TCS+, Mpho Chitapi sits down with Dr Josefin Rosén, principal trustworthy AI specialist in SAS's Data Ethics Practice and co-author of the influential report Constraint to Capability: Flipping the Narrative on AI in the Global South. What unfolds is a rich conversation that challenges…
13 Mar 39 min

TCS | Sink or swim? Antony Makins on how AI is rewriting the rules of work

Artificial intelligence isn’t just changing how work gets done, it’s rewriting the rules of business. Organisations are scrambling to redefine processes and job descriptions, while employees are grappling with new tools and new ways of thinking that are transforming the way they approach their daily tasks. In this episode of…
5 Mar 40 min