By Daniel Webster, dWeb.News Publisher
PARIS LA DEFENSE–(BUSINESS WIRE)–Contactless payment technology brings convenience to consumers worldwide, especially in the wake of the current pandemic. Contactless payment technology allows wearables to seamlessly integrate into people’s daily lives, especially in the wake of the current pandemic. Thales, a company with a strong track record in providing secure payment solutions to banks and financial institutions, is now making this a wearable fashion option in Japan.
The EVERING, an NFC ring, enables contactless payments working on a “Less is Smart” premise. The waterproof ceramic ring supports cashless and touchless payments, offering a seamless experience for users to pay when the ring is held in close proximity to the payment terminal. The waterproof battery-less ring requires no charging, and marries fashion with technology, with the convenience of contactless transactions.
Thales provides both the secure embedded chip, Operating System and card personalisation services. EVERING is the Payment Card Issuer. This enables fast and secure contactless transactions. Customers’ prepaid bank accounts will be linked directly to the payment data on this ring. The payment personalization services provided by EVERING ensure that the data is managed efficiently. All integration and personalisation of the rings will be done by dedicated Thales teams in Asia. This ensures close collaboration with Evering to meet the changing needs of their users.
” We are thrilled to be a partner with EVERING. This company is bridging fashion and technology with the launch their contactless payment ring. Thales has a long tradition of providing digital identity solutions and security solutions in Japan. This includes mobile communications and banking services. We are pleased to be able to collaborate with an innovative start up to help our customers navigate the fast-evolving payments ecosystem. With this partnership, Thales is accelerating our business development efforts with alternative payment issuers in Japan, including Fintech companies, as we continue to refine our technology for wearable devices,” Cyrille Dupont, Country Director, Thales in Japan
“Consumers in Japan acknowledge that contactless electronic transactions are the way forward, with rapid adoption accelerated by the pandemic. The EVERING may be the solution to Japan’s cashless future. It combines aesthetics with functionality and security. Thales has a proven track record in encryption and security technology. We chose to partner with them. With this partnership, we assure our customers that their financial transactions remain safe and secure and that the ring is equipped with international-standards of security technology,” Takeshi Kawada, Chief Executive Officer, EVERING
Thales (Euronext Paris: HO) is a global leader in advanced technologies, investing in digital and “deep tech” innovations – connectivity, big data, artificial intelligence, cybersecurity and quantum computing – to build a confident future crucial for the development of our societies. The Group offers its customers, businesses, governments, and organisations, solutions, services, and products that enable them to fulfill their crucial roles. Individual consideration is the driving force behind all decisions.
Thales has 81,000 employees in 68 countries. In 2020 the Group generated sales of EUR17 billion.
About Thales in Japan
Present in Japan since 1970, Thales works with over 500 partners ranging from large enterprises to SMEs. The Group provides Japanese security, defense (Japanese government), scientific, aerospace, digital identity and security solutions (various Japanese organisations, MNOs banks, governmental and civil markets), spatial, transport, and other industrial applications.
Thales has a strong portfolio of technologies and solutions that allows them to efficiently meet the needs of their customers and partners by supporting them in joint projects. Thales Japan has been able to grow its business and build a skilled workforce through key projects.
With close to 150 employees in Japan, mainly in Tokyo, Thales’ ambition is to boost its local presence by partnering with strategic key industrial Japanese players and to address the needs of the local ecosystem.
Founded in February 2020 in Tokyo, EVERING is a high-technology company that strives to be truly smart, starting from payments to endless possibilities. The company adopts the philosophy of ” Simplicity in Design, Flawless Execution and Straightforward Functionality” in its products, thereby enabling an intuitive, seamless and refined user experience. EVERING brings a new level to technology and design in Japan by focusing on the essential elements of its products and combining it with a stylish design aesthetic.
Digital Identity & Security
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