Airtel Payments Bank Smart Watch by Noise with NFC payments launched
Are there any other NFC devices like this watch? I remember someone talking about a keychain from some other FinTech or bank.
Also I have seen some YouTube videos with DIY for transforming debit/credit card chip into a small carry on device (Eg. Ring).
If I am not wrong @razack has shared something similar for a different brand
Omnicard has this keychain. I got it for free as some introductory offer, and now I think it cost some amoount.
Muvin, which focused as childrenโs neo bank, too launched the same. Unfortunately they shut their operations.
Thanks @razack.
Please do share if anyone comes across anything like this. I would like a solution like this.
Ofcourse, we already have NFC phones that could do the same without even the card. But I guess this also has a use case, when you want to leave the phone home.
Indrive have the feature in it where we can bargain or can raise the pay to get quick booking in peak times
FlashPay- NFC Keychain from Federal Bank
More details here: https://www.federalbank.co.in/flash-pay
Image source: Google
@razack Question. How does the keychain work? Like whatโs the process? Does it needs a PIN to make a payment else it would be very risky
@Shawnpinto Has to be the same mechanism of Debit Cardโs Tap and Pay feature.
I think the customer need to set up the pin from the app and for the high value transactions, he/she need to enter that pin to proceed.
For limit up to 5000, one can pay without using the PIN. (Also, I think there have to some option on the app to disable such transactions)
Feels awkward to carry such a big keychain
My all time favourite IDFC first tap FIRSTAP Sticker | IDFC FIRST Bank
You do have a point. Stickers are more practical than big clunky keychains that are more of an advertisement/promotional tool than a useful payment gadget.
These things should be inconspicuous lest somebody swipe it from us easily.