Mastercard has teamed up with boAt, India’s leading wearables brand, to enable contactless payments on boAt’s payment-enabled smartwatches. This collaboration allows Mastercard cardholders to easily and securely make transactions using their boAt devices.
Key Features:
- Tap-and-Pay: Users can tokenize their existing Mastercard and make payments up to Rs 5,000 using the Crest Pay app on boAt smartwatches.
- Security: Transactions are safeguarded with Mastercard’s tokenization technology.
- Availability: Initially available to Mastercard holders from select banks, with expansion plans to include more banks.
Gautam Aggarwal, Division President of South Asia at Mastercard, expressed enthusiasm about the collaboration, emphasizing its role in delivering secure and inclusive payment solutions in India’s rapidly growing wearables market.
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