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Axis Bank collaborates with boAt and Mastercard
Capital Information
|June 19, 2025
Private sector lender Axis Bank on Wednesday said that it has collaborated with boAt and Mastercard to seamlessly integrate tap & pay NFC enabled payments for its newly launched 'Wave Fortune', a cutting-edge smartwatch. Priced competitively at Rs 3,299 ( Rs 2,599 during special offers).
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Axis Bank cardholders can now securely tokenise and store their debit and credit cards on the WAVE Fortune Smartwatch via Crest Pay, boAt's official payments app, and make contactless payments effortlessly.
This feature, powered by Mastercard’s tokenisation technology and supported by the robust token requestor infrastructure of TAPPY Technologies, allows single-step payment of up to Rs 5,000 on a POS device without entering the card PIN, ensuring both speed and security.
Powered by Mastercard, the payment system allows users to securely tokenise and store their cards within the smartwatch strap for quick and seamless transactions.
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