No passwords or screen is required to use the ring.

The payment ring also comes with its own card in cases where the ring is not accepted.

Also, the payment ring can also be deactivated from an accompanying smartphone app.

Soon you can use NFC enabled Visa Ring to make payments

The ring will be connected to a prepaid Visa account, which can be reloaded online.

Theres no specific price for the gear, since its now only a prototype.

However, the athletes rings will function with touch card readers anywhere in the world.

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The summer games start on August 5th.

source: www.techworm.net