product: PAYCELET
category: Bracelet for Contactless Payment
description: “PAYCELET represents a charming extension of the possibilities of contactless payment and is convincingly implemented in terms of design,” said the jury, explaining the award for this product. The name communicates the functionality of the product in an easily understandable way. The wristband itself is made from recycled PET bottles, while the closure made of high-tech ceramics contains an extremely small NFC board certified for payments. The underlying technology is similar to that of a credit card and does not require a battery. The item is certified by the major credit card providers and is more secure than conventional credit cards thanks to tokenisation.
text: Product Name: PAYCELET;
  
  Product Category: Bracelet for Contactless Payment;
  
  Product Description: “PAYCELET represents a charming extension of the possibilities of contactless payment and is convincingly implemented in terms of design,” said the jury, explaining the award for this product. The name communicates the functionality of the product in an easily understandable way. The wristband itself is made from recycled PET bottles, while the closure made of high-tech ceramics contains an extremely small NFC board certified for payments. The underlying technology is similar to that of a credit card and does not require a battery. The item is certified by the major credit card providers and is more secure than conventional credit cards thanks to tokenisation.