An axis active band is the fastest way to pay purchases under Rs.2000 at all participating stores. Instead of swiping your card at the billing counter, tap your band on the contactless terminal & pay without entering a PIN.
Please note: Axis Active Band has to be used at Merchant outlets in India and cannot be used online or at outlets abroad.
What is d value and benefit of edge points
It is Axis reward points which a user get for all transactions like other banks. Anyone can redeem for amazon,flipkart, bookmyshow, eyc vouchers. Normally 2000-2500 points gives 500 value vouche,so on an avg of 4-5 points as 1 rupee. So above logic and calculation will take you to collect 500 points weekly making around 2000 points monthly and thus Rs 400/500 monthly.
Axis Bank’s new ‘Wear N Pay’ devices are available in a variety of accessories like band, key chain and watch loop. Users do not need to carry their smartphone and wallet for payments anymore. These wearable devices can be worn easily to carry out contactless transactions on the go.
Customers can use these devices at any merchant who accepts contactless transactions. Users need to wave the device at a POS machine for transactions up to ₹5,000. For transactions of more than ₹5,000, a PIN is required.
Axis Bank account holders can purchase the wearable devices at a price of ₹750 from their nearest branches.
The axis program also provides a host of features for its customers, which include 10% cashback, offers across Dining partners as well as a fraud liability cover up to 100% of purchase limit
These devices are contemporary looking but are also designed in a way that it becomes a part of our daily lives, thus increasing adoption of cashless transactions for everyday requirements.
This new axis band secure payment methods and here contactless wearables arise as an optimal alternative