City Union Bank Ltd. announced the launch of “On the Go Payment Solution through Debit card in a Fitness Watch.” The wristwatch will be mapped to the operative account of the customer.
CUB EASY PAY is a payment method by City Union Bank. Now the bank has integrated this feature of Debit Card in a Fitness Watch. To make payments at PoS machines, customers need to hold their wristwatch in front of the PoS device like tapping the card on PoS. For payments above Rs 5,000, customers need to tap and fill in their PIN. Customers can also set a limit for their payments using Net/Mobile banking.
In December 2021, City Union Bank had launched CUB Easy Pay Keychain, a wearable payment device that allows to tap and pay purchases on merchant PoS.
