SBI account holders can make contactless payments on a POS machine by tapping on their Titan Pay Watch without swiping their debit card.
New Delhi. In the midst of the Corona epidemic, Titan Company Limited has brought in contactless payment watch with the country’s largest lender State Bank of India (SBI) to promote digital transactions and secure payment systems in the country. SBI account holders can make contactless payments on a POS machine by tapping on Titan Pay Watch without swiping or inserting their SBI bank card. Up to Rs 5000 can be paid without entering a PIN.
Pay up to Rs 5,000
Please tell that Titan is the fifth largest watch brand in the world. Through this partnership, Titan and SBI have launched a series of stylish new watches with contactless payment watch function for the first time in India. Through this, you can pay up to Rs 5,000 only. Earlier, the limit of payment without entering a PIN was Rs 2,000. The Reserve Bank has increased its limit to Rs 5,000. According to the information given by SBI, you
Now make fast, hassle-free, contactless and secure payment with Titan Pay watch. Shop on YONO and get flat 10% discount*. Download now: https://t.co/NeeHLbI8DP#TitanPay #Titan #ContactlessPayment #TitanWatch #Watch #YONOSBI pic.twitter.com/xAaCz9eUwC
— State Bank of India (@TheOfficialSBI) February 11, 2021
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will get 10% discount
. In case of shopping through YONO app, 10% discount can be taken on Titan Pay Watch.
Based on this technology,
Tappy Technologies works through a Secure Certified Near-Field Communication (NFC) chip embedded in the watch strap. The Titan Payment Watch facility is only for SBI account holders.
Price of
this watch is more than 20 lakh contactless mastercard enabled point-of-sale (payment facility on these watches) POS) are available on machines. This exclusive collection of these exclusive watches is made in 3 styles for men and 2 for women. Its price is between Rs 2,995 and Rs 5,995. It will be easily available to all SBI and Titan customers.
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