PayRing is a unique product, which is a modern analogue of a bank card. With the help of a payment ring you can make purchases through payment contactless terminals(POS). The payment ring allows you to withdraw cash from ATMs which support contactless transactions. The ability to integrate additional functionality allows you to use the ring as a method of identification. For example, a ring can be used as an electronic key or as a storage of personal data and other information. Combination chip is one of the PayRing products, which allows you to use capabilities of the payment ring, electronic identifier and data storage at the same time.