December 17 , 2021
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- Bank of Baroda (BoB) has launched a wearable payment solution called “bob World Wave”.
- To develop the “bob world wave”, the Bank of Baroda partnered with NPCI.
- It was developed by leveraging the existing NFC-based technology.
- This technology is witnessing the rise of tremendous interest worldwide.
- The lenders are using this opportunity for adopting more convenient and cashless digital payments systems.
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