Asakabank has become the first bank in Uzbekistan to introduce an innovative payment ring called UzukPay. The new product marks another step in the bank's efforts to develop digital services and adopt modern payment technologies.

UzukPay allows users to pay for purchases without a bank card or smartphone. To make a payment, the ring simply needs to be held near a POS terminal that supports contactless payments. The transaction is fast, convenient, and secure, just like using a Mastercard bank card.

The UzukPay ring has a sleek, minimalist design, with Mastercard contactless payment technology embedded inside, turning the accessory into a fully functional payment tool.

Unlike many electronic devices, the payment ring requires no charging, no connection to a smartphone, and no mobile app installation. It is always ready to use, water-resistant, and suitable for daily wear. Since the ring stays on the owner's hand, it cannot be forgotten at home, making payments even faster and more convenient in stores, cafes, public transport, during walks, travel, or sports.

All transactions are protected by the security technologies of the international payment system Mastercard, which are used for contactless payments with bank cards. This ensures a high level of data protection and financial security.

The UzukPay ring connects to Mastercard cards issued by Asakabank and can be used to pay at all merchants that accept Mastercard.

By expanding its digital services, Asakabank continues to introduce solutions that meet the modern needs of its customers. UzukPay represents a new format of contactless payment, combining modern technology, convenience, and reliability in a single accessory.

Source: www.uznews.uz