HDFC Bank, the country's second largest private sector bank, unveiled its banking application for the Apple Watch which allows its customers to view their account summaries and also recharge their mobile phones and DTH connections. The application is live on the Apple Store and can be downloaded by anyone who has an Apple Watch. HDFC Bank says that Apple Watch app will work when paired via Bluetooth with its mobile application for iOS devices. Note the wearable app works with iPhone 5 and above only. HDFC Bank said that it is developing a wearables application for the Android operating system but declined to give a timeline for the application. The lender said that the Apple Watch application is merely a projection of the mobile banking app and works in conjunction with it. Customers will have to create a customized Watch banking PIN on the mobile app to access the account on the Apple Watch. As a security feature, the user's session gets automatically timed out if it is inactive for more than five minutes. Additionally user will have to type in a pass code on the Apple watch to log into the device. Rival ICICI Bank earlier in April announced its application for wearables. Called iWear, ICICI Bank's wearables app is available for Android, Apple and Tizen devices. The application's features The bank said that it is currently allowing about 10 account transactions via the Apple Watch app and will be adding more functionalities further down. For now, the transactions available…
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