VezoPay on new South African-made payment ring

Loading player...
A new smart payment ring has been launched in South Africa – and it’s built by South Africans for South Africans.
In this episode of the TechCentral Show (TCS), TechCentral editor Duncan McLeod chats to VezoPay founders Jake Pinkus and Lawrence Baker about the launch of the ring – it’s available in three variants at launch – and what was behind the idea.
In the interview, they not only explain why they decided to build a payment ring, but also why they’re entering what could soon become a highly competitive market globally, with both Samsung Electronics and Apple expected to launch their own smart rings later this year.
Pinkus and Lawrence unpack:
• How long they’ve been working on the payment ring, and where the idea came from;
• How much research and development was involved, and who’s backing the innovation;
• How the technology works, and what exactly is inside the ring;
• The various options available at launch;
• How it works without having to be charged;
• How the security features work (without giving the game away);
• How VezoPay is working with South African banks;
• Whether the ring can be used for ticketing (concerts, Gautrain, etc);
• How much it costs;
• The potential competition from Samsung and Apple; and
• VezoPay’s plans to expand beyond South Africa’s borders.
Don’t miss the interview!
1 Jul 2024 7AM English South Africa Technology · Business

Other recent episodes

Pick n Pay’s Enrico Ferigolli on Penny, the AI that shops for you

Pick n Pay has switched on an AI shopping companion called Penny inside its asap! app, and in this episode of the TechCentral Show, retail executive for omnichannel Enrico Ferigolli takes editor Duncan McLeod through what it does and why it matters. Built on Google's Gemini models, Penny lets customers…
2 Jul 9AM 23 min

Charge’s R1.8-billion bet on an off-grid EV future

South Africa has fewer than 400 public electric vehicle charging stations – up from zero just 15 years ago – and EV adoption remains stubbornly slow. Yet Charge, formerly known as Zero Carbon Charge, is betting big that a coast-to-coast network of off-grid, renewable-powered charging stations is exactly what’s needed…
18 May 9AM 37 min

TCS | The Cape Town start-up listening for TB with AI

AI Diagnostics, a Cape Town-based med-tech company that has built an AI-powered stethoscope designed to detect tuberculosis, recently raised R85-million in a pre-series-A funding round. In this episode of the TechCentral Show (TCS), Nkosinathi Ndlovu speaks to the company’s CEO, Braden van Breda, about the funding round and its mission…
4 May 3AM 36 min

Werner Lindemann on how AI is rewriting the infosec rulebook

The pace at which artificial intelligence is reshaping the threat landscape is outstripping the ability of most organisations to defend themselves, with shadow AI, synthetic identity attacks and a looming quantum computing disruption all converging at once. That’s the view of DataGroupIT CEO Werner Lindemann, who joined Duncan McLeod on…
15 Apr 9AM 38 min

Donovan Marsh on AI and the future of filmmaking

Award-winning South African film director Donovan Marsh has pivoted to artificial intelligence filmmaking and believes generative AI tools could fundamentally reshape how movies are made – and who gets to make them. Marsh, whose 30-year career includes directing the Hollywood submarine thriller Hunter Killer starring Gerard Butler and Gary Oldman,…
7 Apr 4AM 52 min