After WatchOS 8 update Apple Pay is not working
I have recently updated my Apple Watch to WatchOS 8. After that I cannot pay using Apple Pay. After tapping the side button twice payment menu activates but any terminal reacts when Apple Watch is brought to it. Payment on the iPhone with the same card goes through. It looks like some NFC issue on the watch or something. Please help.
Apple Watch Series 6, watchOS 8