Muse Wearables, NPCI launch Indias first wearable payments ecosystem with RuPay

chennai: indian tech firm muse wearables has partnered with the national payments corporation of india (npci) to launch the country's first wearable payments ecosystem, powered by muse wallet and npci's rupay network. the platform allows users to make secure, contactless payments by simply tapping their smart ring “ring one” on any nfc-enabled terminal—without the need for a phone, card, or wallet.entirely designed and manufactured in india, muse wallet is a deep-tech payments platform that enables tokenised, hardware-level transactions using a secure element chip embedded inside the ring. the system meets global emv and pci security standards, ensuring tamper-proof storage of sensitive credentials.muse wallet currently supports cards from over 600 banks in 40 countries and is now expanding its footprint in india through rupay. the initiative aims to bring wearable-based digital payments to millions of users, including those in tier-2 and tier-3 cities.muse wearables co-founder and ceo k.l.n. sai prasanth said the firm aims to create a sovereign, india-built alternative to foreign digital wallet systems. “with npci and rupay, we are making cashless payments effortless,” he said, adding that the company plans to onboard millions of rupay cardholders in the next two years.founded by sai prasanth and prathyusha kamarajugadda, muse wearables designs and manufactures next-generation wearables integrating health, payments, and ai-based technologies under the 'make in india' initiative.