365Telugu.com online news,National, June 18, 2025: Axis Bank, one of India’s leading private sector banks, has partnered with boAt, the country’s top wearable brand, and Mastercard, a global payment technology leader, to bring seamless tap & pay NFC-enabled payments to the newly launched boAt Wave Fortune smartwatch. This innovation aims to elevate convenience and security in digital transactions for modern consumers.
Smartwatch Meets Smart Payments
Priced at ₹3,299 (₹2,599 during promotional offers), the Wave Fortune smartwatch allows Axis Bank debit and credit cardholders to tokenize and store their cards securely using Crest Pay, boAt’s official payment app. Backed by Mastercard’s advanced tokenization technology and TAPPY Technologies’ secure infrastructure, users can now make contactless payments of up to ₹5,000 with just a tap — no PIN required.
The collaboration ensures that Axis Bank customers using Mastercard and Visa networks will continue enjoying all the usual rewards and benefits of their cards even when paying via the smartwatch.
What They Said
- Arnika Dixit, President & Head – Cards, Payments & Wealth Management, Axis Bank:
“We are focused on delivering innovation-led solutions for our customers. With ‘Wave Fortune’, we’re bringing secure, tokenized payments right to users’ wrists – combining ease, speed, and safety in everyday transactions.” - Sameer Mehta, Co-founder & CEO, boAt:
“We’re thrilled to team up with Axis Bank to enable secure payments on the go. Wave Fortune reflects our commitment to innovation and everyday convenience.” - Gautam Aggarwal, Division President, South Asia, Mastercard:
“As payments evolve toward gesture-based, frictionless experiences, wearables will lead the way. We’re proud to power this smartwatch and support a future where payments are effortless and secure.”
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Wave Fortune Smartwatch – At a Glance
Design & Display:
- 1.96” vivid HD display with 240×282 resolution and 550 nits brightness
- Wake gesture for instant time and notification access
- DIY Watch Face Studio to customize screens with personal images or art
Payments & Utility:
- Secure NFC-based tap & pay via Crest Pay
- Bluetooth calling with interactive dial pad and contact saving
- Earn boAt Coins by achieving fitness goals, redeemable for boAt rewards
Fitness & Lifestyle:
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- Ideal for users on the move – from workouts to business meetings
- Blends style, productivity, and innovation in a single device