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Titan launches five new contactless payment analogue watches in India

The transaction takes place as there is a Near-Field Communication (NFC) chip placed inside the watch strap.

By: HT TECH
Updated on: Sep 16 2020, 20:41 IST
Titan Pay (Titan)
Titan Pay (Titan)

Keeping pandemic and social distancing as the focus, watch maker Titan has launched five new models in India. These are not smartwatches but still come with a ‘smart’ feature – contactless payment. The firm has partnered with State Bank of India to make this happen. All users need to do is to tap the Titan watch to the contactless payment POS machines so the transaction can take place. Since it is tied up with SBI, this will only work with SBI Bank card holders. In a single transaction, a payment of 2,000 can be done at the max. However, payments that have amount more than 2,000 would need you to manually feed the PIN.

These watches for men and women come in five different versions. Two of them are for men, priced at 2,995, 3,995 and 5,995, while the other two are for women – 3,895 and 4,395. The watch comes with classic Black and Brown leather straps with round dials. The costliest one comes with gold accents, dedicated payment buttons and additional dials for day and date.

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The transaction takes place as there is a Near-Field Communication (NFC) chip placed inside the watch strap.

The launch of these contactless payment watches come a day after Apple unveiled its premium Watch Series 6 and more affordable Watch SE devices. For the new Apple Watch Series 6 that is going to ship with blood oxygen detection feature, always-on altimeter, S6 SiP etc and watchOS 7, prices start at Rs 40,900 for the GPS model. The Apple Watch Series 6 (GPS + Cellular) will set you back by  49,900.

The Apple Watch SE (GPS) starts at Rs 29,900 and Apple Watch SE (GPS + Cellular) starts at Rs 33,900.

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First Published Date: 16 Sep, 20:41 IST

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