Titan has launched 5 new watches with contactless cost 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 cost POS machines to make funds. This answer will solely work for SBI Financial institution card holders. Funds of as much as Rs. 2,000 might be made with out coming into a PIN, whereas funds above that may require guide coming into of PIN code.
Titan has launched three new Titan Pay-powered watches for males and two watches for ladies. The boys’s watches are priced at Rs. 2,995, Rs. three,995, and Rs. 5,995. These watches include black and brown leather-based straps and spherical dials. The design of every watch is totally different with probably the most premium watch having gold accents, further bodily buttons, and extra dials for date and day. The 2 girls’s watches are priced at Rs. three,895 and Rs. four,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 cost performance has been launched for SBI Financial institution card holders by embedding a safe licensed Close to-Discipline 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 obtainable. 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. We’ve at all times launched merchandise to cater to the altering wants of our customers. SBI is the right companion to introduce a cost answer for the brand new regular that’s quick, safe and seamless. This product won’t solely fulfill the buyer’s banking wants however may even serve at this time’s evolving customers with its basic and complicated designs,” C Ok Venkataraman, Managing Director of Titan, mentioned in a press release.
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