New Delhi, March 19 (IANS) Airtel Payments Bank on Tuesday said that it collaborated with smartwatch brand Noise and global technology company in the payments space Mastercard to launch the new smartwatch to redefine and make contactless payments accessible to a larger consumer base.
Users can purchase the new smartwatch at Rs 2,999. Customers who have a savings account with Airtel Payments Bank can buy this watch from the company’s Thanks app.
Customers who are new to the bank can order the smartwatch by opening a bank account digitally on the Airtel Thanks app.
“By integrating contactless payment capabilities into wearable technology, we empower customers with greater freedom and flexibility in their daily transactions. This smartwatch is the first wearable device the bank has launched,” Ganesh Ananthanarayanan, COO, Airtel Payments Bank, said in a statement.
Users can activate the watch by linking it to their savings bank account via the Thanks app. Once linked, they can immediately commence making payments by simply tapping the watch on Point of Sale (POS) machines with the Tap N Pay facility.
A customer would be able to make payments between Rs 1 to Rs 25,000 per day using the smartwatch, the company said.
“Through the Tap and Pay functionality powered by NFC chips on the Mastercard network, we aim to simplify the payment process and enhance convenience by unlocking a new way for users to interact with their devices,” said Amit Khatri, Co-founder, Noise.
The smartwatch comes equipped with a 1.85-inch square dial and Bluetooth calling capability and boasts a battery life of up to 10 days, according to the company.
–IANS
shs/uk
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
