Bank of Baroda launches bob world wave

State owned Bank of Baroda launched bob World Wave, a wearable line of products for payments, integrated with a complete health environment. The bank has partnered with NPCI for the service, a statement said.

Commenting on the development, Ajay K Khuran, Executive Director atd BOB said, “This is an innovative solution, intended to perfectly deliver preventive health actions as well as easier payment transactions. We are delighted to collaborate with NPCI to offer a state of art wearable payment solution to our clients by leveraging the existing NFC based t
technology”.

Nalin Bansal, Chief of Corporate and Fintech relationships and key initiatives, NPCI said, “We are happy to collaborate with Bob to launch OnTheGo smart payment wearables on the robust RuPay network. This will empower clients to carry out their daily transactions securely and seamlessly”.

The bob world wearable device will allow clients to monitor their Sp02, body temperature, heart rate & blood pressure.

With bob World Wave, the bank will provide an exclusive three months free wellness package along with a personal health coach, doctor tele-consultation and interactive video coaching. The device will provide contactless payments of upto ₹50,000 in all NFC enabled POS devices.