Johannesburg, South Africa – 20 October 2025
In a move that blends innovation with elegance, First National Bank (FNB) has unveiled a groundbreaking partnership with VezoPay, the South African fintech startup behind Africa’s first smart payment ring.
Certified by Visa and Mastercard, and powered by Fidesmo’s global contactless technology, the VezoPay ring transforms the way South Africans pay — turning every tap into a statement of style, security, and simplicity.
The Future of Payments — Right at Your Fingertip
In a world where convenience reigns supreme, the VezoPay smart ring offers the next evolution of contactless transactions.
Designed for those who live fast and think forward, the ring allows users to pay securely anywhere contactless payments are accepted — all without needing a wallet, phone, or card. Just make a fist, tap, and go.
It’s more than just wearable tech; it’s a new rhythm of modern living.
“Our partnership with VezoPay is a natural extension of our digital payment ecosystem,” says Senzo Nsibande, CEO of FNB Credit Card. “We’re bringing innovative, wearable solutions to our customers, ensuring that we meet them where they are and elevate their financial journeys.”
Security That Feels Effortless
Behind its sleek design, the VezoPay ring packs serious technology. Through Fidesmo’s encrypted tokenisation, sensitive payment data is never stored on the ring itself. This ensures every transaction is both secure and seamless, offering peace of mind to users.
The ring works with the FNB Virtual Card, one of the bank’s most advanced digital tools. This integration brings added layers of protection — including a dynamic CVV that frequently changes, reducing the risk of fraud — while still allowing for online purchases, streaming subscriptions, and other digital services.
“Our goal is to make payments seamless and secure,” says Jake Pinkus, co-founder of VezoPay. “Partnering with FNB allows us to bring this vision to life at scale, giving South Africans an innovative, secure, and stylish way to pay without friction.”
Wearable Banking Meets Lifestyle
The introduction of the VezoPay ring marks a major leap in South Africa’s digital lifestyle evolution. As consumers embrace contactless and mobile payment solutions, FNB continues to lead the charge in turning technology into lifestyle — not just convenience.
Data from the bank underscores this shift:
- FNB’s digital wallet retail spend surpassed R200 billion by August 2025.
- 58% of that spend was through FNB Virtual Cards.
- Digital wallet transaction volumes grew 42% year-on-year, while digital payments now account for a quarter of all retail customer spend.
These numbers reveal more than growth — they reflect a mindset change. South Africans are confidently stepping into a cashless, frictionless economy, where wearable tech is becoming as common as a smartwatch.
“Wearable technology is reshaping how people interact with money,” adds Jason Viljoen, FNB’s Head of Card Modernisation and Digital Payments. “This collaboration is part of our broader strategy to modernise payments and offer more intuitive, secure, and convenient ways to transact — without compromising safety.”
Style Meets Substance
The VezoPay ring isn’t just smart — it’s stylish. Available in a range of sleek finishes, it’s designed to blend with every lifestyle, from the boardroom to the gym.
No charging, no cables, no clutter — just pure, effortless functionality. The ring is powered by the same NFC technology that fuels contactless cards, drawing energy directly from the payment terminal during use.
To activate it, customers simply:
- Purchase the ring via VezoPay.com
- Download the VezoPay app on the Google Play Store
- Link their FNB Virtual Card
- Tap to pay anywhere contactless payments are accepted
💬 Innovation That Moves With You