Axis Bank, boAT & Mastercard tie up for easy payments for ‘Wave Fortune’ smartwatch
New Delhi, June 18 (BVI): Axis Bank has tied up with boAt, India’s prominent wearable brand, and Mastercard, a global technology leader in payments, to seamlessly integrate tap & pay NFC-enabled payments for its newly launched ‘Wave Fortune’, a cutting-edge smartwatch.
Accordingly, Axis Bank cardholders can now securely tokenize and store their debit and credit cards on the WAVE Fortune Smartwatch via Crest Pay, boAt’s official payment app and make contactless payments effortlessly, said a statement issued by the company.
This feature, powered by Mastercard’s tokenization technology and supported by the robust token requestor infrastructure of TAPPY Technologies, allows single-step payment of up to ₹5,000 on a POS device without entering card PIN, ensuring both speed and security, it said.
Powered by Mastercard, the payment system allows users to securely tokenize and store their cards within the smartwatch strap for quick and seamless transactions, the statement said.
Axis Bank credit and debit cardholders on Mastercard and VISA networks will continue to enjoy the rewards and benefits of their linked card while making payments with the Wave Fortune smartwatch, it said.
Priced at ₹3,299 (₹2,599 during special offers), Wave Fortune is designed to empower users with convenience, security, and a next-level smartwatch experience, according to the press statement. (BVI)
