Valid Produces Prepaid Payment Bracelet

Valid, a global provider of customized secure solutions, has produced BPPTag payment wristbands, recently launched by Brasil Pré-Pagos (BPP) and Visa. The device works with Near Field Communication (NFC) RFID technology. The communication technology allows the secure exchange of proximity-encrypted data with a debit machine. In Brazil, there are approximately 2.8 million such machines that already offer this functionality.