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Bank of Baroda launches "bob World Wave" wearable payment device.

Banking & Economy | Dated: 02 Dec 2025

Bank of Baroda (BoB) has launched "bob World Wave", a wearable payment solution that allows customers to make contactless payments of up to Rs 5,000 without a PIN. The device can be worn as a band or a keychain and uses NFC (Near Field Communication) technology.

🎯 Key Highlights:

  • This initiative aims to promote cashless transactions and provide a convenient payment option for on-the-go customers.
  • The wearable is linked directly to the customer's savings account and can be managed via the bob World mobile app.
  • It also incorporates health monitoring features like step counting, adding utility beyond payments.

💡 Other Important Facts:

  • Product: bob World Wave.
  • Type: Wearable Payment Device.
  • Tech: NFC Contactless.

📚 Test Your Knowledge:

Which bank launched the wearable payment device "bob World Wave"?

Correct Answer: Bank of Baroda

🚀 Quick Recap:

About Bank of Baroda

  • MD & CEO – Debadatta Chand
  • HQ – Vadodara, Gujarat