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Titan Company with SBI launches India’s first contactless payment watches | SBI customers will now be able to pay by the clock; Titan launches contactless payment watch with State Bank

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  • Titan Company With SBI Launches India’s First Contactless Payment Watches

new Delhi4 minutes ago

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The bank said that these watches have been equipped with its mobile banking app YONO

  • Now you will be able to pay without getting in touch with the help of a watch.

Contactless or digital payments are being promoted due to the Corona epidemic. In view of this, now Titan Company has launched a contactless payment watch in association with State Bank of India (SBI). That is, now you will be able to pay without getting in touch with the help of a watch. Its name is Titan Pe.

SBI is equipped with YONO

With this stylish watch, customers will be able to make transactions through YONO without any interruption. The bank said that these watches have been equipped with its mobile banking app YONO. With the help of these watches, consumers will now be able to pay without using debit cards from Point of Sale (POS) machines.

Equipped with tap and pay technology

Titan and SBI are launching the range of new watches with contactless payment facility for the first time in India. SBI Chairman Rajneesh Kumar said that we believe that this will provide a new shopping experience for our customers with ‘tap and pay’ technology. Many facilities are being given in it. This time will be helpful for contactless (paid).

How will you pay with the watch?

  • SBI account holders can tap and pay their Titan Pay Watch on a contactless payment POS machine.
  • There is no need to swipe or insert SBI bank card into it. Customers will be able to pay up to two thousand rupees without a PIN.
  • The watch strap has a secure certified near-field communication (NFC) chip that enables all functions of a standard contactless SBI debit card.
  • The benefit of this facility will be available to registered users on YONO.
  • According to the bank, Yono currently has 260 million users.

Where can I buy a watch?

You can buy this collection of Titan on the company’s official online website www.titan.co.in.

How much is the price

Titan Company Ltd. CK Venkataraman, managing director of the company, said that many stellar variants of this watch have been launched. It is for both women and men. Its price ranges from 2995 to 5995 rupees.

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