August 5, 2020

HDFC Bank Intros Watch Banking

HDFC Bank has become the first bank in India to launch Watch Banking for Apple Watch.

HDFC BankIt aims to provide banking services through all wearable devices across platforms like iOS and Android.

“We have started with Apple Watch since it is designed from ground up keeping in mind what the user would want to do with such a device in a jiffy. HDFC Bank’s App has been made keeping this in mind and the features are chosen accordingly,” said Nitin Chugh, Head-Digital Banking, HDFC Bank, while addressing a press conference, here.

HDFC Bank will provide a total of 10 banking transactions in the current launch phase. Some of them being: view account information, bill payments, recharges, hot listing facilities, locate nearest branch/ATM/offer, request statement and cheque book. Moreover, HDFC Bank’s Watch Banking does not require “our customers to download a separate app.” Customers can activate watch banking from an upgraded version of HDFC Bank’s mobile banking app itself.

HDFC Bank would bring in the same level of high security of its mobile banking app to its watch banking experience, Mr. Chugh added.