Tag: Contactless Payment

  • Amazfit Balance 2 XT Smartwatch Leaked in New Filing

    Amazfit Balance 2 XT Smartwatch Leaked in New Filing

    Key Takeaways

    1. The Amazfit Balance 2 XT smartwatch has been leaked, showing new developments since the original Balance 2 was launched in 2025.
    2. Recent documents indicate the Balance 2 XT will feature contactless payment capabilities and may run on Zepp OS 4.0.
    3. The smartwatch is expected to have a premium titanium body and may include Zepp Pay, although currently limited to European users.
    4. The model number for the Balance 2 XT is reported as A2546, with earlier leaks suggesting A2547 or A2430.
    5. No official announcement has been made regarding the release date or pricing, but the Balance 2 XT is anticipated to be more expensive than the original Balance 2.

    The Amazfit Balance 2 XT smartwatch has shown up in another leaked document. The original Balance 2 smartwatch was introduced in China back in May 2025 and became available worldwide in June. Speculations regarding the Balance 2 XT started earlier this year, and it was later found in an FCC filing.

    New Developments

    Recently, a document from EMVCo related to the Amazfit Balance 2 XT has been discovered. This document serves as an approval letter for the upcoming device’s contactless payment feature. The smartwatch is reported to have the model number A2546, while earlier leaks mentioned it could be A2547 or A2430. Additionally, the document hints that the watch will be equipped with Zepp OS 4.0, although the regular Balance 2 smartwatch operates on the newer Zepp OS 5.0.

    Premium Features Expected

    It is believed that the Balance 2 XT smartwatch will be a high-end version of the existing wearable, featuring a titanium body. The EMVCo document also suggests that it may come with the Zepp Pay contactless payment capability, similar to the standard version, but currently, this feature is limited to users in European regions.

    Awaiting Official Announcement

    Amazfit has not made an official statement regarding the Balance 2 XT smartwatch, leaving its release date and pricing unclear. However, it is expected that this new model will be priced higher than the Amazfit Balance 2 XT, which retails for $299.99 on Amazon.

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    Amazfit Balance 2 XT Smartwatch Leaked in New Filing

     

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  • India’s First Contactless Payment Smart Ring, 7 Ring, is Launched

    India’s First Contactless Payment Smart Ring, 7 Ring, is Launched

    7 Ring: A Convenient Smart Ring for Contactless Payments

    An India-based brand called Seven has recently introduced a new smart ring called the "7 Ring". This smart ring stands out for its ability to enable users to make contactless payments conveniently. Let's take a closer look at the key features of this innovative device.

    Easy Payments with the 7 Ring

    The 7 Ring can be used for payments through either NFC or UPI. To initiate a payment using the 7 Ring, users simply need to create a closed fist and bring the ring near a point-of-sale (POS) machine. This enables payments via NFC. It's worth noting that the ring is intentionally designed not to function if the user's fingers are open, as a security measure to prevent fraud. Additionally, when making a payment via UPI, users do not need to enter an OTP or PIN for payments below Rs 5,000 in India.

    Setting Up and Managing the 7 Ring

    Setting up the 7 Ring initially requires the accompanying app, which allows users to load money onto the device. However, the app is not necessary for making payments. After the verification process, users can establish a prepaid wallet with a monthly transaction limit of Rs 10,000. This limit can be increased to Rs 2,00,000 through a video KYC verification. The app also offers features to monitor transactions, set spending limits, and block the ring in case of loss.

    Rewards and Incentives

    In addition to its payment capabilities, the brand behind the 7 Ring promises to establish a platform for users who use the ring for transactions. This platform will offer a range of rewards from partnered brands. Users can look forward to incentives such as cashback, raffles, prizes, and access to exclusive merchandise.

    Convenient and Durable Design

    The 7 Ring functions as a passive wearable, drawing power directly from the POS machine during transactions. This eliminates the need for Bluetooth or an internal battery, making charging unnecessary. Furthermore, the 7 Ring provides a personalized experience with seven available size options, ensuring a comfortable and tailored fit for users. It is also an IP68-rated, dustproof, water-resistant device built with a scratch-resistant Zirconia Ceramic (ZrO2) material.

    Pricing and Availability

    The 7 Ring is priced competitively at Rs 7,000. However, during an early bird offer, customers can purchase it for a reduced price of Rs 4,777. According to the official website of Seven, the 7 Ring has a validity period of 55 months and is covered by a 1-year limited warranty.

    Unfortunately, the 7 Ring is currently not widely available. Its availability is restricted to individuals who have received an invite code from existing 7 Ring users.

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