Indian audio wearables brand Boat has partnered with multinational payment card services corporation Mastercard to enable contactless payments on its smartwatch devices. This collaboration aims to provide users with a more convenient and secure way to make transactions. Tap-to-Pay comes to Boat Smartwatches through Mastercard partnership
Integration with contactless payments on boAt smartwatches will allow Mastercard cardholders to proceed with seamless transactions through their wearable device. Through Crest Pay, the official app of boAt, users can now tokenize their existing debit and credit cards from associated Mastercard banks in an effortless manner. Thus, they can simply tap and pay at all merchants where this facility is available, without requiring physical cards. Tap-to-Pay comes to Boat Smartwatches through Mastercard partnership
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It has contactless payment technology for Rs. 5,000 without a PIN, and the feature is great for everyday purchases. This reduces the hassle of keying in a PIN, thus making the transaction smoother and faster. For security, Mastercard’s device tokenization keeps transactions safe through cryptogram-based technologies that are unique, one-of-a-kind digital codes in place of sensitive card data.
Initially, the contactless payment feature will be available to Mastercard cardholders from select leading banks in India. However, Mastercard and boAt have plans to expand the availability of this feature to additional banks over time.
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