Protective casing for rings

A system for making contactless payments, the system comprising:

• a protective casing wrapped around a ring, wherein the protective casing comprises:
• a body made of a first portion and a second portion, wherein the first portion, formed of a rigid material, configured to house an NFC (Near field Communication) chip,
• wherein the NFC chip is configured to store tokenized payment credentials;
• and
• the second portion, formed of a stretchable material, configured to house a conductive antenna connected to the NFC chip, wherein the conductive antenna is configured to facilitate communication between the NFC chip and an external NFC enabled payment terminal for making payments;
• and
• a user device operable to communicate with the protective casing for storing the tokenized payment credentials in the NFC chip.

A method for facilitating contactless payments, the method comprising:

• receiving, via a software application, one or more payment credentials from a user ;
• tokenizing the payment credentials;
• and
• transmitting, via an NFC module, tokenized payment credentials to an NFC chip for making a payment, wherein the NFC chip is integrated with a first portion of a body of a protective casing for a ring.