Airtel Payments Bank has announced the launch of its new NCMC (National Common Mobility Card)-enabled smartwatch, developed in collaboration with Noise and the National Payments Corporation of India (NPCI).
Showcased at the Global Fintech Fest 2024, this smartwatch features an integrated RuPay chip and offers advanced functionality, including support for NCMC-enabled Tap and Pay transactions.
This launch represents the second phase of Airtel Payments Bank’s partnership with Noise, focusing on enhancing on-the-go payments directly from smartwatches.
The smartwatch integrates NCMC technology, enabling users to perform Tap and Pay transactions at various merchant locations and make transit payments across metro systems, buses, and parking facilities nationwide. It also supports the issuance of transport concessions and monthly passes where applicable.
With its embedded RuPay chip, the smartwatch provides a secure and flexible payment experience. It includes interchangeable watchstraps, allowing easy customization to suit different occasions and personal styles.
Pricing and Availability
The smartwatch will soon be available for purchase online and at Airtel Payments Bank retail stores. Pricing and additional details will be announced at the official launch.
Speaking about the launch, Ganesh Ananthanarayanan, Chief Operating Officer of Airtel Payments Bank, said,
We are thrilled to unveil the NCMC-enabled Smartwatch, which reflects our dedication to innovation and customer-focused solutions. This smartwatch streamlines financial transactions while enhancing our users’ daily experiences with its advanced features. We anticipate that this launch will establish a new benchmark in the wearable payment device market.
Speaking about the launch and collaboration, Amit Khatri, Co-Founder of Noise, said,
At Noise, our goal is to profoundly impact consumers’ lives by continually advancing the capabilities of smart wearables through innovative technology. As we enter the second phase of our partnership with Airtel Payments Bank, our collaboration with NPCI represents a significant milestone. Integrating NCMC into our smartwatch not only opens new possibilities for wearables but also leads the way in advancing digital payments in India.