Wow this is super cool, but I feel like there is a chance that a fraudulent merchant could display a lower transaction amount on their terminal than what they actually intend to charge, how does this ring mitigate a potential risk if there is not a screen to verify the transaction before signing? Are there any built-in safeguards or secondary confirmation methods to ensure the user is only charged the amount they've agreed to?
I suppose they could cap the transaction amount to just a few thousand sats. Meaning it is just designed for micro transactions, in that case it cool and stress free ⚡️
That exists for visa tap/pay
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you can call your credit card company to dispute charges though
Yeah, and with sats if it’s gone, then it’s really gone 🙅♀️🫣
Nevertheless, it’s cool, I would just want some way to make sure only small amount are authorized.
