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What is the difference between Tokenization and Tokentization
Tokentization is VezoPay’s proprietary process for tying unsecured digital assets to a secure digital element, ensuring a trusted and immutable connection.
How do I activate or register my ring?
Registration and activation are two distinct steps in setting up your VezoPay ring. Registration securely links your bank card to the device using a token generated through Visa and Mastercard’s secure payment networks. Activation is the final step, where you authenticate through third-party OTP and banking app verification to make your wearable live and ready for payments. Registering Your Ring …
Which banks are supported?
We are excited to announce that we are actively onboarding all major banks in South Africa. All onboarded banks will be listed on our website. If you’re unsure about your bank, please contact us before placing your order. In the meantime, you can open an account with any of the banks we have already onboarded. We appreciate your patience as …
Can a thief skim my credentials in passing from a Vezopay ring ?
No, a thief cannot skim your data, and here’s why: 1. No Visible Information: Unlike physical or virtual cards, your ring doesn’t have your name, card number, or CVV written on it. It looks just like a regular ring. 2. Invisible Credentials: Your actual card details aren’t stored on the ring. Instead, we use a process called tokenization. We assign …
How does it work?
Users sync their bank card to the VezoPay app, which then assigns an encrypted Visa or Mastercard token to the ring. Payments are made by tapping the ring on a contactless terminal, ensuring secure and seamless transactions.
Is the device waterproof?
Yes, VezoPay rings are waterproof and can be used while swimming or engaging in water sports. Important Note: Fingers tend to shrink in cold water, which may cause your ring to become loose. If you plan to swim regularly with your VezoPay ring, we recommend selecting a snug fit to ensure it stays securely in place.
Will my Vezopay ring work anywhere in the world?
Absolutely! Your device will work seamlessly at any of the 37 million Visa or Mastercard terminals worldwide. While you may need to notify your bank about your travel plans due to their security protocols, there are no extra steps required on the Vezo side. Once your card is set up, you’re ready to go. Enjoy hassle-free, stylish travel with Vezo!
How secure are VezoPay wearables?
We take security seriously at Vezopay. Your ring is secure for the following reasons- EMV Accreditation: Our wearables have undergone rigorous security testing by Visa and Mastercard. They are fully EMV accredited, ensuring robust protection. Tokenization: Your user credentials are not stored on the device. We utilize tokenization, which enhances security by preventing any sensitive information from being skimmed. Control …
What happens if my ring is lost or stolen?
Immediately pause or block your ring via the VezoPay app or through contacting your bank. Since no credentials are stored on the device, your data remains protected. If you’re unable to access your phone or mobile device, contact your bank and request them to stop or block your VezoPay token. This action will immediately lock your ring and prevent any …
Can a thief hack or skim my device remotely?
No, the ring operates entirely offline and is encrypted with a secure token.