Tap-and-Pay - Business Outrank

The smartwatch payment system of Axis Bank enables users to perform tap-and-pay transactions up to ₹5,000 without needing a phone or wallet. The Wave Fortune smartwatch from boAt and Mastercard enables contactless payments through the Crest Pay app which tokenizes credit and debit cards. The wearable payment device enters the market at ₹2,599 while providing users with secure payment capabilities without their phone or wallet. The smartwatch strap stores a secure digital code through tokenization which protects users from fraud and unauthorized transactions. The tap-and-pay functionality accepts Mastercard and Visa cards from Axis Bank through Tappy Technologies' backend system. Users can link their cards to the Crest Pay app to make NFC-based payments at supported point-of-sale terminals without needing a PIN for transactions below ₹5,000. The new payment solution from Axis Bank represents a significant achievement in wearable payment technology for the Indian market. Mastercard indicates that payment systems will evolve toward touchless and gesture-based transactions while Axis Bank demonstrates its leadership in this direction.

What's Hot

How Does Mini Gastric Bypass Surgery Differ from Traditional Gastric Bypass?

AI Copyright Win for Meta as Judge Sides Against Authors

Amazon and eBay Under Fire for Selling Unsafe Ebikes in UK

Virus Susceptibility in Species: Study Reveals Surprising Findings

Effective Yoga Poses to Naturally Manage Blood Sugar Levels

Health Budgets Of States Fall Below 8%, Missing National Health Policy Targets

The Connection Between Diet and Organic Skincare – Foods for Healthy Skin

Priyanka Chopra’s Stunning Desi Look Steals the Spotlight at Her Brother’s Wedding Festivities

Jana Nayagan: Vijay Wields a Whip in Stunning 2nd Look Poster, Thrilling Fans

Assam’s Jatin Goswami Honored with Padma Bhushan for Sattriya Legacy

Vijay Vikram Singh Urgently Appeals for Respect Amidst Intense Backlash from Rajat Dalal Fans: ‘I Am Not Bigg Boss

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Indian government approves Singapore Airlines bid to merge Vistara and Air India

Independence Day and Raksha Bandhan Fuel Airbnb Travel Rush

Virus Susceptibility in Species: Study Reveals Surprising Findings

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Bachchan’s ₹83 Crore Duplex Sale Sparks Unbelievable Investment Growth

Kartik Aaryan’s Fitness Secret: How He Achieved a Stunning Transformation

Browsing: Tap-and-Pay

Axis Bank Launches Tap-and-Pay Smartwatch Payments for Up to ₹5,000

How Does Mini Gastric Bypass Surgery Differ from Traditional Gastric Bypass?

AI Copyright Win for Meta as Judge Sides Against Authors

Amazon and eBay Under Fire for Selling Unsafe Ebikes in UK

HDB Financial Launches ₹125 Billion IPO, One of India’s Largest in 2025

Our Picks

How Does Mini Gastric Bypass Surgery Differ from Traditional Gastric Bypass?

AI Copyright Win for Meta as Judge Sides Against Authors

Amazon and eBay Under Fire for Selling Unsafe Ebikes in UK

Most Popular

How Does Mini Gastric Bypass Surgery Differ from Traditional Gastric Bypass?

Harvesting Hope: Rahul Gandhi’s Empathy in Action with Farmers before 2024 Elections

Is Modi Afraid? Congress Leader Accuses PM of Targeting Rahul Gandhi

Subscribe to Updates

What's Hot

Browsing: Tap-and-Pay