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CUB Easy Pay Debit Card in a Fitness Watch

Published on January 27, 2022
Current Context: The City Union Bank in partnership with GOQii, which is the smart-tech-enabled preventive healthcare platform has launched the CUB fitness watch debit card.
CUB Easy Pay Debit Card in a Fitness Watch
  • It is powered by the National Payments Corporation of India (NPCI).
  • The CUB fitness watch debit card is a wearable payment solution.
  • It is based on advanced technology which allows users to perform digital transactions in a safe and secure manner.
  • It allows the customers to pay via an easy tap-and-go payment solution.
  • They will have to hold the wristwatch in front of the PoS device during payment like tapping the card on PoS.
  • To pay an amount above Rs 5,000, customers need to tap and enter their PIN.
  • The introductory price of the product is Rs 3,499 (as compared to an actual cost of Rs 6,499.
  • The wristwatch will allow users to monitor Oxygen level, body temperature, heart rate, blood pressure, and 18 exercise modes.
  • Also, the free wellness package valid for 3 months to the early buyers is granted.
  • Static Part: 
    • HQ of CUB: Kumbakonam, TN
    • HQ of GOQii: California, USA

Question: 

Q.1 In partnership with which organization has City Union Bank launched ‘CUB fitness watch debit card’?
a. boAt
b. GOQii
c. Paytm
d. Flipkart
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