Titan partners with SBI to launch contactless payment watches “Titan Pay”
- Titan Company has partnered with the State Bank of India (SBI) to launch India’s first contactless payment watches named “Titan Pay”.
- Using these watches, the account holders of SBI can tap their Titan Pay watch on the contactless payment POS machines for making payments. It is powered by YONO SBI.
- Under this mechanism, payments of up to Rs. 2,000 can be made without entering a PIN, as per the RBI guidelines.
- A secure certified near-field communication (NFC) chip developed by Tappy Technologies has been embedded in the watch strap that will enable the tap and pay feature in the watch.
Points to remember:
- Titan has partnered with which bank for it ontactless payment watches named “Titan Pay”?- SBI
- Name of Titans contactless payment watches?- Titan Pay
Source: livemint
How to buy Titan Pay Watch?- Click here to buy
Price range of Tian Pay watch?- Rs 2995 to Rs 5995