Titan has launched 5 new watches with contactless fee performance in India. To allow this performance, the watch firm has partnered with State Financial institution of India (SBI) to carry a brand new Titan Pay answer. Customers can faucet these Titan Pay powered watches on contactless fee POS machines to make funds. This answer will solely work for SBI Financial institution card holders. Funds of as much as Rs. 2,000 will be made with out coming into a PIN, whereas funds above that can require guide coming into of PIN code.
Titan has launched three new Titan Pay-powered watches for males and two watches for girls. The boys’s watches are priced at Rs. 2,995, Rs. 3,995, and Rs. 5,995. These watches include black and brown leather-based straps and spherical dials. The design of every watch is completely different with probably the most premium watch having gold accents, extra bodily buttons, and extra dials for date and day. The 2 girls’s watches are priced at Rs. 3,895 and Rs. 4,395. They arrive in brown and black leather-based straps, respectively. All of those watches are available for purchase on the Titan India website.
The brand new fee performance has been launched for SBI Financial institution card holders by embedding a safe licensed Close to-Area Communication (NFC) chip within the watch strap. The brand new Titan Pay performance is powered by YONO SBI and it’ll solely work in retailers and locations the place a contactless POS machine is on the market. Moreover, as talked about, all transactions above Rs. 2,000 would require a person to punch within the PIN code.
“Titan has at all times been on the pinnacle of design and innovation. Now we have at all times launched merchandise to cater to the altering wants of our shoppers. SBI is the right associate to introduce a fee answer for the brand new regular that’s quick, safe and seamless. This product is not going to solely fulfill the patron’s banking wants however will even serve in the present day’s evolving shoppers with its basic and complicated designs,” C Ok Venkataraman, Managing Director of Titan, mentioned in an announcement.
