Introduction
Recently, one of the reputed private service banks in India HDFC
has come out with a banking application that can be used in Apple Watch. This is the first bank in India to come out
with a watch-based banking application. It aims to provide banking services
through all wearable devices working on iOS and Android platforms. More
strikingly, its availability for use in Apple Watches has carried it forward as
a striking deal for customers who are staunch followers of Apple products. Launching the application meant for watches,
the HDFC bank officials stated that the functionalities of the new application
were selected keeping in mind the features made available in Apple Watch
operating system and what its owners are expected to do with it.
Features of Watch Banking Application
Through the wearable device platform, HDFC is going to
provide a total of 10 banking transactions in the first phase. Those applications
that have been included are recharges, bill payments, viewing account details,
hot listing of facilities, request statement, location of the nearest ATM or
branch, and cheque book issuance. This
application need not be downloaded and installed on your wearable device.
Instead, if they have the older version of the application, they can go for
free upgradation. Later, the customers can activate the watch banking
functionality from the upgraded version of HDFC bank’s mobile application
itself. In connection with the launch, the HDFC bank’s Digital Head Nitin Chugh
has laid a claim that the new application has the same depth of security as
seen in its mobile banking application. He further added that the enhanced
features and better security environment are expected to provide different kind
of banking experience to the wearable device users, especially the owners of
Apple Watches. He further explained that the developers of application have
addressed the requirements of the wearable device users to improve its appeal
among the customers.
