Titan’s New Watch Range For Contactless Payment Launched In Partnership With SBI
The new normal has increased the need for innovative and safe purchase methods. Keeping this in mind, Titan Company Limited has partnered with the State Bank of India (SBI) to introduce Titan Pay powered by YONO SBI.
Through this partnership, Titan and SBI are launching a range of stylish new watches with contactless payment functionality for the first time in India. With this launch, SBI account holders can tap their Titan Pay watch on contactless payment POS machine without the need of swiping or inserting their SBI bank card. Payments of up to INR 2000 can be made without entering a PIN. A secure certified Near-Field Communication (NFC) chip embedded in the watch strap by Tappy Technologies enables all the functionalities of a standard contactless SBI debit card.
The payment feature on these watches will be accessible on over 2 million contactless MasterCard-enabled Point-of-Sale (POS) machines in the country. This exclusive collection of elegant watches include3 styles for men and 2 for women and are attractively priced between INR 2995 and INR 5995 to make it widely accessible to all SBI and Titan consumers.
The collection is exclusively available on www.titan.co.in.