Axis Bank, the country’s largest private bank, has launched a Wearable Contactless payment device under the Wear N Pay brand. This device can be worn with a band, key chain and watch loop. Its price is 750 rupees.
With the increase in digital payment, the system of contactless payment is also changing very fast. After payment through net banking, mobile banking, wallet, now you can pay online by key ring and keychain. Axis Bank, the country’s largest private bank, has launched a Wearable Contactless payment device under the Wear N Pay brand. This device can be worn with a band, key chain and watch loop. Its price is 750 rupees.
This wearables are directly linked to the account of Axis Bank customers and it acts like a regular debit card. It allows purchase at any merchant store that accepts contactless transactions. Wear n Pay device can be ordered over the phone or from any Axis Bank branch.
You can pay up to 5 thousand rupees without PIN
Through this, you can pay up to Rs 5,000 without a pin on a Point of Sale (PoS) machine. PIN will be required on payment of more than 5 thousand rupees. The bank has partnered with Thales and Tappy Technologies to design and manufacture these products, which are exclusively available on the MasterCard platform.
The bank has partnered with Thales and Tappy Technologies to design and manufacture these products, which are exclusively available on the MasterCard platform. To tap into this market, our ware ‘N’ pay program is quite economical and offers contactless payment facilities. This is a safe and secure mode of payment.
The Wear N Pay device can be purchased from phone banking or any Axis Bank branch. Customers of other banks can avail the facility of Vian n Pay device through Video KYC or by opening an online account at their nearest Axis Bank branch.
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