Analysis of Airtel Payments Bank Smartwatch

Airtel Payments Bank has collaborated with Noise and National Payments Corporation of India (NPCI) to introduce a new smartwatch that supports National Common Mobility Card (NCMC) technology. This innovative watch was unveiled at the Global Fintech Fest 2024. The Airtel Payments Bank Smartwatch is not just a regular wearable device, but it is designed to offer a blend of payment convenience and fitness tracking features.

The Airtel Payments Bank Smartwatch is equipped with an integrated RuPay chip that allows users to make transactions directly from their wrist. This feature enables seamless payments at various merchant locations and on transit systems across India. In addition to the payment functionality, the smartwatch also offers health monitoring features such as blood oxygen saturation (SpO2), body temperature, heart rate, and blood pressure measurement. It is also capable of tracking 130 sports modes and comes with over 150 cloud-based watch faces for customization.

The smartwatch supports contactless payments with a limit of Rs. 5,000 without the need to enter a PIN. Users can easily toggle contactless payments on or off from the device. With the NCMC integration, the Airtel Payments Bank Smartwatch allows users to make payments at metro stations, buses, parking facilities, and more. It can also facilitate the issuance of transport concessions and monthly passes for added convenience. For payments exceeding Rs. 5,000, users will need to enter their PIN code to complete the transaction.

Apart from its payment capabilities, the Airtel Payments Bank Smartwatch focuses on providing users with comprehensive health and fitness tracking features. The wearable device monitors vital health parameters and offers insights into the user’s physical well-being. From tracking heart rate to monitoring blood oxygen levels, the smartwatch aims to assist users in maintaining a healthy lifestyle. Additionally, with Bluetooth calling support and IP68 dust and water resistance, the smartwatch offers a holistic experience for users.

Although the exact price of the Airtel Payments Bank Smartwatch in India has not been disclosed yet, the company has stated that it will be available for purchase through both online and retail platforms of the bank. The smartwatch boasts a battery life of up to 10 days on a single charge, ensuring long-lasting usability for users. With its combination of payment convenience and health tracking features, the Airtel Payments Bank Smartwatch aims to cater to the evolving needs of consumers in the digital age.

Technology

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