Airtel Payments Bank Debuts NFC-Enabled Smartwatch for Seamless Contactless Payments in India: Pricing and Specifications Revealed
Powered by Collaboration: Airtel Payments Bank Smartwatch Developed in Partnership with Noise and Mastercard
Airtel Payments Bank made a significant foray into the burgeoning smartwatch market with the launch of its inaugural offering in India on Tuesday, March 19. Developed in collaboration with leading wearable brand Noise and payment-technology provider Mastercard, this pioneering smartwatch represents Airtel’s maiden foray into the realm of wearable technology, marking a pivotal milestone in its product portfolio expansion strategy.
At the heart of the Airtel Payments Bank smartwatch lies its NFC-enabled functionality, empowering users with the convenience of seamless contactless payments through the innovative ‘Tap and Pay’ feature. With the ability to execute transactions of up to Rs. 25,000 per day, this cutting-edge smartwatch promises to revolutionize the way users engage in financial transactions, offering unparalleled convenience and security.
Priced competitively at Rs. 2,999, the Airtel Payments Bank smartwatch is available in a sleek and stylish range of black, blue, and grey color options, catering to diverse preferences and style sensibilities. However, it’s worth noting that the smartwatch is exclusively available to existing members of Airtel Payments Bank, underscoring the brand’s commitment to rewarding customer loyalty and engagement.
To acquire the Airtel Payments Bank smartwatch, interested individuals must first create a bank account digitally, a prerequisite for ordering the wearable device. Once the account setup is complete, users can seamlessly purchase the smartwatch through the Airtel Thanks app, which serves as the exclusive retail channel for this innovative offering. Notably, the smartwatch is not available for purchase through any other e-commerce platform or offline retailers, reinforcing Airtel’s direct-to-consumer sales approach for this product.
With its bold entry into the smartwatch market, Airtel Payments Bank aims to redefine the boundaries of financial inclusion and digital innovation, empowering users with the tools and technology needed to navigate the digital landscape with confidence and convenience. As the smartwatch gains traction among consumers, Airtel remains committed to driving forward its vision of a digitally empowered India, one tap at a time.
Airtel Payments Bank smartwatch was launched in India on Tuesday (March 19). This marks the entry of the brand in the smartwatch segment and becomes the first device to be launched by it. The smartwatch has been developed in collaboration with the wearable brand Noise and the payment-technology provider Mastercard. The main offering of the Airtel smartwatch is that it is NFC-enabled and allows users to make contactless ‘Tap and Pay’ payments up to Rs. 25,000 per day.
The Airtel Payments Bank smartwatch price has been set at Rs. 2,999. It is available in black, blue, and grey colour options. However, the smartwatch can only be purchased by those who are existing members of the Airtel Payments Bank. A bank account can be created digitally but it is required before ordering the wearable device. The Airtel Payments Bank watch is already available on sale and can be bought right away. It can be purchased only through the Airtel Thanks app. It is not available to buy on any other ecommerce platform or offline retailers.
