Quontic is an FDIC-insured (FDIC Cert #57807) digital bank that offers various interesting products such as a 1% debit card, 1.5% Bitcoin debit card (RIP), 4.25% APY high-yield saving account, and more. Quontic also offers Pay Ring, a wearable ring that can be used as a payment anywhere contactless payment is accepted. Quontic says it is the “nation’s first wearable payment ring”.
https://www.quontic.com/pay-ring/
How much Does the Pay Ring cost?
Quontic offers, upon request, a free Pay Ring to its checking customers. This is even applicable to the customers who hold the now discontinued Bitcoin checking product.
Don’t Know Your Ring Size?
If you don’t know your ring size, then you can order a free size measurement kit. The images of the measuring kit are attached below.
Unboxing and Activating the Ring
The activation code for the Quontic ring can be found on the wrapping that covers the box. Do not throw away this activation code as you will need it to activate the ring.
I would advise against activating the ring until you are sure that the size is a good fit (link to activate the ring). Their brochure (scroll down for pictures) says, “Before activating the ring, please ensure you have the correct size. Once your ring has been activated, we are unable to accept any returns or exchanges on this basis.”
The image above describes and gives a visual of how to use the ring. Alternatively, check out the quick 2-second video (no sound) below.
If you are still not sure, then check out the official 35-second video from Quontic embedded below.
Closing Thoughts
This is a pretty cool tech idea. I am not too keen on wearing a debit card as a ring though even though 1-1.5% debit card is pretty cool.
