Security News > 2021 > March > Thales enables Axis Bank’s wearables as a secure contactless way of payment

Today its technologies enable Axis Bank's wearables as a stylish and secure contactless way of payment.

Thales has managed to condense the technology of a contactless payment card into a tiny piece of secure payment technology - Thales Gemalto FlexiTag - that can be invisibly integrated into a vast range of wearable shapes and sizes.

Axis Bank customers can therefore enjoy payment bands, key fobs, or loops to process fast contactless transactions - without having to take a wallet out.

"Sanjeev Moghe, EVP & Head-Cards & Payments, Axis Bank said:"With the increasing number of digital payments users, we see a huge opportunity in contactless payments, which will continue to grow, given the post pandemic situation and the need for social distancing.

"We are glad to support Axis Bank with this innovative contactless payment experience in India. The current time is apt to discover new secure payment methods and here contactless wearables arise as an optimal alternative."

"With Axis Bank's forward-thinking initiatives and Thales' innovative development in the wearable space, Tappy is extremely proud to be a part of this collaboration to bring wearables with contactless payment functionality to more people across the globe."

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