Muse, NPCI join hands for India’s first wearables payment ecosystem

Indian multinational tech startup Muse Wearables has partnered with National Payments Corporation of India (NPCI) to launch India’s first wearable payments ecosystem, powered by Muse Wallet and NPCI’s trusted RuPay network.

- SHINE JACOB

The new ecosystem allows users to make instant, secure payments by tapping Muses’ smart ring, “Ring One”, on any near field communication (NFC) - enabled point-of-sale (PoS) terminal — without the need for any phone, card, or wallet. Already live in over 40 countries and supporting cards from nearly 600 banks, Muse Wallet is now bringing its global platform to India through RuPay, “democratising access to secure, effortless digital payments” for millions of users across the country, including in Tier-I and -II cities.

Headquartered in Bengaluru with operations in the United States (US), Europe, and other regions, the Indian Institute of Technology (IIT) Madras - incubated company, is a 200-member deeptech team designing and manufacturing “cutting-edge products that are beautiful, functional, and deeply human”.

Completely developed, designed, and manufactured in India, Muse’s wearables and payment technology combine the “Make in India, Made for the World” ambition.