Unlocking the Power of Contactless Payments with Indus PayWear Wearables

Posted on Thursday, June 6th, 2024 | By IndusInd Bank

Summary: Indus PayWear is a range of fashionable wearable accessories – ring, watch clasp, and mobile sticker – that allows users to tap their devices at NFC-enabled POS machines to make contactless payments. By simply setting up your IndusInd Bank debit or credit cards on the Indus PayWear app, users can make contactless payments on the go without the need to carry their wallets or smartphones.

In the modern banking landscape, contactless payments have rapidly gained traction, offering consumers unparalleled convenience and security. To meet a growing demand, modern banks are turning to technology to develop more innovative payment solutions.

Leading this charge is IndusInd Bank, which has unveiled a groundbreaking solution: the Indus PayWear range of wearable devices. Powered by cutting-edge technology, these nifty accessories allow users to make payments with just a tap. Designed in collaboration with MasterCard, these wearable accessories allow users to tokenize IndusInd Bank debit or credit cards onto chip-enabled wearable devices. Users can set up these all-in-one payment wearable devices on the Indus PayWear app and start making hassle-free contactless payments on NFC-enabled POS machines.

As India’s first all-in-one tokenizable range of wearables, Indus PayWear has unlocked a world of convenience. By seamlessly integrating contactless payment capabilities with wearable accessories, Indus PayWear is undoubtedly revolutionising the Indian payment ecosystem.

What is Indus PayWear?

Indus PayWear is a range of wearable accessories that allow users to seamlessly tap their devices to make payments at merchants with NFC-enabled POS machines.

These all-in-one payment wearables eliminate the need to carry physical wallets or cards. Additionally, this groundbreaking technology comes with a ‘One Wearable, Any Card’ feature, enabling users to use their devices with any IndusInd Bank debit or credit card and switch between them as needed.

Indus PayWear allows users to choose from a variety of device options:

• Watch clasp: Can be attached to your watch strap. It is available in two colours – black and grey
• Ring: Now your card can sit on your fingertip. It is available in different sizes – small, medium, large, and extra large
• Mobile sticker: Can be affixed on the back of your phone to tap and pay at any contactless PoS terminal, without unlocking it.

Contactless Payments with Indus PayWear

The contactless function on these all-in-one payment wearables is managed through a dedicated IndusPayWear appthat can be set up on any android device that supports NFC technology. This app allows users to set up their IndusInd Bank cards on the wearable of their choice. The app also allows users to switch between saved cards, allowing them to control how they wish to use their cards. Once you’ve set up the wearable on the app, you can leave your phone and wallet behind and enjoy seamless tap or wave transactions wherever you go.

The “Tap and Pay” functionality is facilitated by a NFC antenna embedded within the Wearable device. Hold the Wearable close to the card reader on the merchant’s POS terminal to complete the transaction.

Benefits of Contactless Payments with Indus PayWear

Indus PayWear can elevate your payment experience with an assortment of benefits, such as:

1. Swift and Secure Transactions

Indus PayWear ensures lightning-fast transactions without compromising on security. When making contactless payments with your device, your real card number is never used. Instead, a unique token is created especially for the device, protecting you from skimming and data leaks.

2. Enhanced Security

Indus PayWear uses cutting-edge technology to offer robust protection against fraudulent activities. This ensures your financial information is secure at all times, and you enjoy complete peace of mind while making payments.

3. Waterproof Design

IndusInd Bank’s all-in-one payment wearables range is designed to endure the challenges of everyday life. Carry your device to the gym or for running errands without worrying about its durability.

4. No Charging Required

The Indus PayWear range features a battery-free design. This eliminates the need for regular recharging and ensures uninterrupted usage anytime, anywhere.

5. Greater Convenience

The Indus PayWear offers unparalleled payment convenience. Users can swiftly complete payments without fumbling for cash or their phones by just tapping or waving their device at a POS machine.

Enjoy Secure, Contactless Payments with Indus PayWear

To get the Indus PayWear, you must be an IndusInd Bank customer with an active debit card. You must also have an Android device that supports NFC technology. (Note: Indie account holders are currently not eligible for Indus PayWear.)

IndusInd Bank has revolutionised the payment landscape in India with its groundbreaking wearable technology. Elevate your payment experience with swift and secure transactions, a sleek, waterproof design, and no hassle of charging. Get your preferred wearable device online or visit your nearest IndusInd Bank branch.