Sugi, an NFC crypto hardware card with wallet app, announced it has added support for Ripple (XRP). Users are now able to hold, send and receive XRP. With Sugi, users securely sign transactions by tapping the card to their NFC-enabled phone.
Consisting of a card and mobile wallet app as its interface, the card communicates with the mobile wallet using NFC technology (contactless payments). The card holds a special key in the secure element that allows users to conduct transactions on multiple blockchain networks. The key is protected by a unique PIN known only to the cardholder.
The Sugi system also supports Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and ERC-20 tokens. Soon users will be able to make in-store payments and ATM withdrawals with the card worldwide in fiat, cryptocurrency, and other tokens.
Sugi Cards are available for purchase through the official online store. Sugi Card retails for 59.90 EUR, and customization of the card costs 10 EUR extra.
