HDFC
has introduced WatchBanking,
an app that allows you to carry out transactions from your Apple Watch. It’s
another matter that the watch hasn’t been very popular in India, unlike
its cousins iPhone and iPad.
HDFC
claims that the app has been designed by keeping the functionality of Apple
Watch in mind. For now, the app allows you to carry out ten types of
transactions such as Bill Payments and Recharges. It allows you to see your
account information and locate nearest ATMs, just like the regular HDFC
app for iOS.
The
bank scores extra points as customers won’t have to download a
separate app for Apple Watch. They can activate WatchBanking from an upgraded version of HDFC
Bank’s MobileBanking App itself. The bank assures no security flaws since the
watch will act as a projection device. The data will flow from the mobile phone
to the bank’s servers. Additionally, there is a watch banking PIN that the
user himself will set during the one-time setup process, using his
unique id and password.
HDFC
says that it aims to provide banking services through all wearable devices
across all platforms, including iOS and Android.
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