boAt’s new Wave Fortune smartwatch lets you tap to pay with just a flick of your wrist

Consumer electronics brand boAt has launched its latest smartwatch, the Wave Fortune, in partnership with Axis Bank and Mastercard, bringing contactless NFC-enabled payments to wearables. The collaboration allows Axis Bank customers to tokenise their credit and debit cards on the Crest Pay app and make tap-and-pay transactions directly from the smartwatch.

The Wave Fortune is priced at ₹3,299, with a limited-time offer of ₹2,599, and is currently available in an Active Black variant on the official boAt website.

The key feature of the Wave Fortune is its built-in contactless payment functionality. Using Mastercard’s tokenisation system and infrastructure from Tappy Technologies, the smartwatch strap securely stores tokenised card data. Users can make payments of up to ₹5,000 at any NFC-enabled POS terminal without entering a PIN, while continuing to receive the benefits associated with their physical cards. The solution supports cards issued on both Mastercard and Visa networks.

Axis Bank cardholders can link their cards via the Crest Pay app developed by boAt and complete transactions with a single tap of the smartwatch strap. The integration aims to simplify payments while ensuring security, as the tokenisation process replaces sensitive card information with a unique code that is stored within the device. The feature is currently available to Axis Bank debit and credit card customers.

The Wave Fortune also includes standard smartwatch features such as Bluetooth calling with an interactive dial pad and contact saving. The 1.96-inch HD display supports a resolution of 240x282 pixels and offers 550 nits of brightness, making it visible in various lighting conditions. It includes gesture-based wake functionality and a DIY Watch Face Studio that lets users personalise their screen using images or themes.

Fitness tracking is built into the device, with users earning boAt Coins on achieving activity milestones. These can be redeemed for discounts on boAt products, adding an incentive layer to its health monitoring features.

The partnership marks Axis Bank’s latest move to expand its digital banking capabilities through tokenised payment technology. Mastercard, meanwhile, sees the launch as part of a broader shift toward gesture-based and frictionless payment systems embedded into everyday wearables.