Quontic Bank launches the first ever payments ring in the United States

Quontic Bank announced that it had introduced the first-ever tap-to-pay mobile payments ring in the U.S. Quontic is a customer-centric, innovative bank with a focus on digital-first and customer-centric banking. Its mission is to change the way banks and customers do business.

“Welcome to your debit card, evolved. Quontic is the first bank to offer Bitcoin rewards on a checking account, the first to offer a wearable payment solution, and, often, the only bank willing to demonstrate just how innovative a digital bank can be,” said Steve Schnall, CEO and Founder of Quontic. “We’re pleased to continue to push the industry forward and will continue to make it easier for Americans to bank, wherever and however they choose.”

Customers are able to link the ring to one of Quontic’s three market-leading checking accounts: High Interest Checking you can earn up to 1.01% in APY with the. Bitcoin Rewards Checking the Wallet earns 1.5% Bitcoin for all eligible purchases Cash Rewards Checking you can earn 1.5% cashback for all eligible purchases by signing up at.

Quontic is committed to making banking more accessible for its customers. Quontic is a U.S. Department of Treasury-certified Community Development Financial Institution (CDFI) that provides homeownership access for low-income families, immigrant entrepreneurs, and other people who have saved, budgeted, and earned their way to homeownership. In the past year, Quontic was named the Best Overall Online Bank of 2022 by Forbes, one of America’s Best Banks 2022 by GoBankingRates and one of America’s Best Banks 2022 by Newsweek.


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