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HDFC Bank launches WatchBanking

HDFC Bank has launched WatchBanking, thus becoming the frist bank to offer the service to Apple Watch users. Users of WatchBanking need not have a separate app for the purpose but can use an upgraded version of the bank’s mobile banking app. The bank said in a statement that with the launch of wearable devices and potential demand for wearable devices in India, consumers are highly likely to add yet another digital interface, a wearable device, to their current portfolio of devices. A banking experience on a personalized wearable device would take the consumer’s interaction with the bank to a whole new level, it said. The bank is starting with the Apple Watch and aims to provide banking services through all wearable devices across platforms like iOS and Android. 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, hotlisting facilities, locate nearest branch/ATM/offer, request statement/chequebook etc.

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