{"id":23476,"date":"2020-09-21T02:34:06","date_gmt":"2020-09-21T02:34:06","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=23476"},"modified":"2020-09-21T02:34:06","modified_gmt":"2020-09-21T02:34:06","slug":"titan-pay-sbi-titan-launch-contactless-payment-watches","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=23476","title":{"rendered":"Titan Pay: SBI, Titan launch contactless payment watches"},"content":{"rendered":"<p><\/p>\n<div><span class=\"custom-caption\"><img decoding=\"async\" class=\"lazy lazy-hidden\" data-lazy-type=\"image\" src=\"https:\/\/images.financialexpress.com\/2020\/09\/1-566.jpg\" alt=\"Rajnish Kumar, chairman, SBI said that bank customers will have to link their Titan Pay watches to SBI\u2019s YONO App for enabling the payment.\"\/><noscript><img decoding=\"async\" src=\"https:\/\/images.financialexpress.com\/2020\/09\/1-566.jpg\" alt=\"Rajnish Kumar, chairman, SBI said that bank customers will have to link their Titan Pay watches to SBI\u2019s YONO App for enabling the payment.\"\/><\/noscript><span class=\"article-caption\">Rajnish Kumar, chairman, SBI said that bank customers will have to link their Titan Pay watches to SBI\u2019s YONO App for enabling the payment.<\/span><\/p>\n<p>The country\u2019s largest lender, <a target=\"_blank\" href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/state-bank-of-india-stock-price\/\" rel=\"noopener noreferrer\">State Bank of India<\/a> (<a target=\"_blank\" href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/state-bank-of-india-stock-price\/\" rel=\"noopener noreferrer\">SBI<\/a>), has partnered with <a target=\"_blank\" href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/titan-company-ltd-stock-price\/\" rel=\"noopener noreferrer\">Titan Company<\/a> to launch \u2018Titan Pay,\u2019 a new product offering that customers can use as their watch for contactless debit card. The bank said that SBI account holders can tap their Titan Pay watch on point of sales (PoS) machine without the need of swiping or inserting their bank card. The customers can make a payment of upto Rs 2,000 through this watch, without a need of entering a personal identification number (PIN).<\/p>\n<p>Rajnish Kumar, chairman, SBI said that bank customers will have to link their Titan Pay watches to SBI\u2019s YONO App for enabling the payment. \u201cWe believe this innovative offering will redefine the shopping experience for our customers with tap and pay technology, \u201d he added.<\/p>\n<p>The Titan Pay watch will act like a contactless debit card. SBI also specified that 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 PoS machines in the country, the company said in a statement.This collection of Titan watches include three styles for men and two for women and are priced between Rs 2,995 and Rs 5,995.<\/p>\n<div class=\"common-bottom-text\">\n<p>Get live <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/\" target=\"_blank\" rel=\"noopener noreferrer\">Stock Prices<\/a> from <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/s-p-bse-sensex-stock-price\/\" target=\"_blank\" rel=\"noopener noreferrer\">BSE<\/a>, <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nifty-50-stock-price\/\" target=\"_blank\" rel=\"noopener noreferrer\">NSE<\/a>, <a href=\"https:\/\/www.financialexpress.com\/investing-abroad\/\" target=\"_blank\" rel=\"noopener noreferrer\">US Market<\/a> and latest NAV, portfolio of <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mutual Funds<\/a>, calculate your tax by <a href=\"https:\/\/www.financialexpress.com\/income-tax-calculator\/\" target=\"_blank\" rel=\"noopener noreferrer\">Income Tax Calculator<\/a>, know market\u2019s <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-gainers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Gainers<\/a>, <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-losers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Losers<\/a> &amp; <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/equity-funds\/\" target=\"_blank\" rel=\"noopener noreferrer\">Best Equity Funds<\/a>. Like us on <a href=\"https:\/\/www.facebook.com\/thefinancialexpress\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a> and follow us on <a href=\"https:\/\/twitter.com\/FinancialXpress\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>.<\/p>\n<p class=\"telegram-text\"><img loading=\"lazy\" decoding=\"async\" class=\"telegrma_img\" src=\"https:\/\/images.financialexpress.com\/2020\/04\/telegram.png\" alt=\"\" width=\"24\" height=\"24\" style=\"margin: 0px 5px 4px 0px; float: left;\"\/>Financial Express is now on Telegram. <a href=\"https:\/\/t.me\/TheFinancialExpressOnline\" target=\"_blank\" rel=\"noopener noreferrer\">Click here to join our channel<\/a> and stay updated with the latest Biz news and updates.<\/p>\n<\/div>\n<p><\/span><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\\\"https:\/\/www.financialexpress.com\/industry\/banking-finance\/sbi-titan-launch-contactless-payment-watches\/2085108\/\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rajnish Kumar, chairman, SBI said that bank customers will have to link their Titan Pay watches to SBI\u2019s YONO App for enabling the payment. The country\u2019s largest lender, State Bank of India (SBI), has partnered with Titan Company to launch \u2018Titan Pay,\u2019 a new product offering that customers can use [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23477,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-23476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-business"],"jetpack_featured_media_url":"https:\/\/bengalnewstimes.com\/wp-content\/uploads\/2020\/09\/1-566.jpg","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/23476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23476"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/23476\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/media\/23477"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}