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Austrian company LAKS launches Watch2pay

Laks
7. July 2017

New Delhi, July 2017: For the first ever time in India, LAKS, an Austrian company, has partnered with Delhi Metro Rail Corporation to launch Watch2Pay, the new range of analog smartwatches with a rechargeable Delhi Metro ticket in SIM card size.

 About 3 million Metro riders can now enjoy a convenient access to the Delhi Metro public transport network.  The Watch2Pay technology is simple. The watch works same as the metro card overlapping the habit of carrying the metro card separately. The watch contains a smart card in the form of a sim that allows the passenger to cross the way with ease by just touching the watch to the screen.  No queueing to recharge and no fumbling for your Metro card.

Just insert your SIM sized Rechargeable Metro Wearable Card into your Watch2Pay within seconds, tap the reader, take off and never come late again.

Lucas Alexander Karl Scheybal, Designer and CEO: "As an Austrian company, we are very proud of this cooperation, which confirms the strong trend seen towards a contactless society in a dynamic country like India.The Watch2Pay collection, currently consisting of 14 different watches and a stylish key fob, offers the Metro riders in New Delhi an exclusive variety of materials, design and trendy colors. Now fashionable, styling-conscious people have the opportunity to combine elegance and convenience. "

LAKS, based in Vienna, has been integrating contactless technology in their watches for more than 15 years and launched the world´s first approved watch for open loop contactless payment in 2006. This Watch2Pay proven technology is now available internationally.

LAKS always seeks the combination between convenience and aesthetics - Analogue technology along with NFC functionality for contactless access, payment, and more.

The LAKS – Watch2Pay collection of 14 different watch designs is available at PAYTM.com

 For more information about LAKS and its products, please visit below mentioned link.

Last modified
7. July 2017

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