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 deliver a brand new Titan Pay resolution. Customers can faucet these Titan Pay powered watches on contactless cost POS machines to make funds. This resolution will solely work for SBI Financial institution card holders. Funds of as much as Rs. 2,000 could be made with out getting into a PIN, whereas funds above that can require guide getting 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, further 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 that can be purchased 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-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 outlets and locations the place a contactless POS machine is accessible. 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 now have at all times launched merchandise to cater to the altering wants of our shoppers. SBI is the right companion to introduce a cost resolution for the brand new regular that’s quick, safe and seamless. This product won’t solely fulfill the buyer’s banking wants however will even serve right now’s evolving shoppers with its traditional and complex designs,” C Ok Venkataraman, Managing Director of Titan, stated in an announcement.