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Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks
Airtel Payments Bank today announced the launch of a Smart Watch to bring Tap and Pay to every wrist. In its endeavour for a New Way to Pay and to make contactless payments accessible to a larger customer base, Airtel Payments Bank has partnered with the smartwatch brand Noise and Mastercard.
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“Bringing the power of Tap and Pay to every wrist, the initiative will empower users to unlock the full potential of smart wearables and democratize convenient financial solutions, enabling users to stay ahead of the curve and enjoy the benefits of the future of payments,” Airtel Payments Bank said on Tuesday.
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Airtel Payments Bank Smart Watch
Airtel Payments Bank said it will enable these smartwatches developed by Noise to boost Tap and Pay capabilities and enhance the experience for users by bringing the convenience of contactless payments through the smart wearables. The new smartwatch is now available to be purchased at Rs 2,999.
Seamless Integration with Airtel Thanks App
Airtel Payments Bank savings account customers can purchase the smartwatch from the Airtel Thanks App, while customers who are new to the bank can order the smartwatch immediately by opening a bank account digitally on the Airtel Thanks App. Once the smartwatch is linked to the account, users can immediately commence making payments by simply tapping the watch on Point of Sale (POS) machines with the Tap N Pay facility, Airtel said.
According to Airtel Payments Bank, customers would be able to make payments between Rs 1 to Rs 25,000 per day using the Airtel Payments Bank Smart Watch. The smartwatch is equipped with an array of health and productivity features, comes with a 1.85-inch square dial, and enables contactless payments directly from the wearable. The smartwatch’s NFC chip is supported by the Mastercard network to make payments for all customers’ lifestyle needs, the company said.
