Introducing Titan Pay – the
stylish contemporary watches that enable fast & hassle-free transactions
through YONO SBI for today’s Smart Consumers
The new normal has enforced upon
an urgent need to bring about innovative & safer purchase solutions in the
retail space. The fifth-largest watch brand in the world, Titan Company Limited
has partnered with the country’s largest lender 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 include 3 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.
Titan Company has always been at
the center of innovation and believes in harnessing technology for convenience
and ease of the users. These watches address the needs of the new normal by
eliminating payment barriers and making transactions quick, contactless,
secure, and easy for consumers. Through constant investment in technology and
design, Titan aims to continue advancing the products and offerings for the
consumers in the smart segment.
The collection is exclusively
available on www.titan.co.in.
National, September 16th, 2020