Now you will be able to pay with the watch you wear in your hand. Watch giant Titan has launched the 5 wrist watch with contactless payment feature in India for the first time. The company has partnered with State Bank of India for this feature. Users can make contactless payments on POS machines by tapping the powered watch on Titan.
Payment up to 2 thousand rupees without entering PIN
This feature can currently be used only by the card holders of State Bank of India. Users will not need to enter PIN while making payment with these new watches of Titan. Users can make payments of up to 2 thousand rupees without a pin. At the same time, it will be necessary to enter a PIN for payment of more than this.
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Starting price is Rs. 2,995
In this new series of Titan, three watch variants for men and two wrist watch variants for women have been launched. The wristwatch launched for men is priced at Rs 2,995, Rs 3,995 and Rs 5,995. At the same time, the women’s watch comes with a price tag of Rs 3,895 and Rs 4,395. Due to the black and brown leather strap, the watch looks quite luxurious. All new watch sales are listed on Titan’s website.
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Feature works through NFC
The payment function provided in the wristwatch works through a special secured certified near-field communication chip (NFC) which is placed in the strap of the watch. The Titan Pay feature is powered by YONO SBI and will work in the same locations where the POS (point of sale) machine is available.