- 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
a. boAt
b. GOQii
c. Paytm
d. Flipkart
