INDIA: Axis Bank, one of the largest private sector Banks in India, today announced that it has collaborated with boAt, India’s No.1 wearable brand, and Mastercard, a global technology leader in payments, to seamlessly integrate tap & pay NFC enabled payments for its newly launched ‘Wave Fortune’, a cutting-edge smartwatch. Priced competitively at ₹3,299 (₹2,599 during special offers), Wave Fortune is designed to empower users with convenience, security, and a next-level smartwatch experience.

Axis Bank cardholders can now securely tokenize and store their debit and credit cards on the WAVE Fortune Smartwatch via Crest Pay, boAt’s official payment app, and make contactless payments effortlessly. This feature, powered by Mastercard’s tokenization technology and supported by the robust token requestor infrastructure of TAPPY Technologies, allows single-step payment of up to ₹5,000 on a POS device without entering the card PIN, ensuring both speed and security.

Powered by Mastercard, the payment system allows users to securely tokenize and store their cards within the smartwatch strap for quick and seamless transactions. Axis Bank credit and debit cardholders on Mastercard and VISA networks will continue to enjoy the rewards and benefits of their linked card while making payments with the Wave Fortune smartwatch.

Commenting on the partnership, Arnika Dixit, President & Head – Cards, Payments and Wealth Management, Axis Bank, said, “At Axis Bank, we have been continuously working on innovation-led partnership models to offer innovative and secure digital banking solutions to customers. In this effort, we are delighted to have partnered with boAt to truly make payments on the go, seamlessly integrating contactless payments into people’s day-to-day lives. Bringing in our expertise in tokenized contactless payments, ‘Wave Fortune’, a cutting-edge smartwatch will allow users with the highest standards of safety and security, combined with a quick and convenient payment experience.”

Sameer Mehta, Co-founder and CEO, boAt, said, “At boAt, we are always striving to push the boundaries of technology to enhance everyday convenience. Our partnership with Axis Bank brings secure, effortless payments to the wrist, making contactless transactions more accessible than ever.”

Gautam Aggarwal, Division President, South Asia at Mastercard, said, “Shortly, payments will be gesture-based — integrated into our daily routines, with transactions occurring in a frictionless manner. Wearable devices, irrespective of the form factor, will play a key role in this evolution, offering quick and secure payment experiences. As a company committed to shaping the future of commerce, Mastercard is delighted to power the tokenization-enabled smartwatch, empowering users to pay with their credit or debit cards.”

Additional Product Highlights – Wave Fortune Smartwatch:

In addition to its contactless payment functionality, the Wave Fortune smartwatch is designed to keep users connected, stylish, and productive – whether at the gym, on the move, or in business settings. It brings secure, on-the-go payments to the wrist and reflects boAt’s vision of merging convenience with innovation to create lifestyle-driven wearables.

A Display That Shines, Features That Deliver

• Vivid 1.96” HD display with 240×282 resolution and 550 nits brightness for exceptional clarity – even under direct sunlight
• Wake gesture for quick access to time and notifications
• DIY Watch Face Studio to personalize your home screen with images, themes, or artworks

Fitness and Utility Built-In

• Earn boAt Coins by achieving fitness milestones – redeemable for boAt offers
• Ultra-clear Bluetooth Calling, interactive dial pad, contact saving, and direct access to Crest Pay

The Wave Fortune smartwatch is now available in Active Black on the [boAt website].

The post Axis Bank Collaborates with boAt and Mastercard for Wave Fortune Smartwatch appeared first on NRI News.

• CardiacSense also received US-FDA-approvals for its medical watch.

• CardiacSense is now selling in over 40+ countries across the globe including India

• In the coming few months, CardiacSense will be also able to show real-time Live ECGs to doctors.

• Currently patients can share ECG instantly with doctors and seek immediate advice.

• CardiacSense packs live Vital Signs Monitoring Features which are constantly recorded and can be viewed for further analysis by doctors or caregivers. This 24/7 Vitals monitoring and recording is very unique to CardiacSense Technology.

NEW DELHI: Leading and futuristic MedTech solutions provider Xplore Health receives approval from the Indian Regulatory Authority CDSCO (Central Drug Standard Control Organization) under the Health Ministry of India for its aspirational medical watch CardiacSense. The approval came ahead of its commercial launch in collaboration with Israeli Medtech company CardiacSense Ltd.

The product has already been approved by USA’s FDA and is the only medical watch to demonstrate accuracies higher than FDA-set Thresholds, making it one of the only approved Medical Watches. With its approval from CDSCO, the CardiacSense will be available in the Indian markets as well. The Indian regulatory authorities have given a green signal for its sale in India by issuing a registration certificate and license for its sales.

Citing the importance of knowing your heart health at the initial level, Mr. Pankaj Balwani, Founder & CEO of Xplore Health, said, “ As India and the world over, there has been a big surge in Cardiac related deaths, and most deaths are attributed to people not being able to understand the early warning signs. Most people ignore these signs and move on with their lives taking those signs as normal discomforts. There is no life-threatening cardiac event that happens suddenly. Our body starts to give early signals. One should be aware and watchful.

CardiacSense technology is designed to ensure that one is able to continuously monitor their Vital signs and whenever there is a notification raised by the watch for increased or decreased heart rates or for Arrhythmias, the watch prompts the user to take an ECG and shares it instantly with the doctor for immediate advice.

Timely advise by doctors can make a huge difference in getting the right and timely treatments and avoiding unnecessary hospitalization or delays which lead to life-threatening events.

CardiacSense is one such device that will enable doctors and hospitals to monitor patients 24/7 who have recently undergone major surgeries or those suffering from chronic heart disease or organ failure.

CardiacSense medical watch comprises the very advanced features of Live ECG and advanced Vitals SIgns monitoring solutions that will make patient monitoring for doctors and hospitals very effective. Especially for patients who have been discharged from the hospital, it’s very important to be able to monitor those patients and check improvements or deterioration of their health. CardiacSense advanced Vitals monitoring solution gives unique flexibility and convenience to doctors and caregivers to monitor their patients. The most prominent feature of this medical watch is its capability to conduct Live ECG even remotely, which is being launched in India soon.

CardiacSense Medical Watch also can help people who are at risk of suffering from STROKE. It’s a known fact that Atrial Fibrillation also called Afib ( A kind of Arrhythmia ), is responsible for increasing the risk of Ischemic Stroke by over 5 times.

CardiacSense is able to monitor Atrial Fibrillation ( AFib ) 24/7 creating a record of Afib load with time logs of the start and end of Afib events while patients wear the watch. This helps doctors identify the risks to these patients and advise on treatments accordingly.

Having received approval from India, CardiacSense is now available in over 40 countries, including the USA, all European countries, Australia, New Zealand, and many other South American countries. Xplore Health in collaboration with CardiacSense is ensuring that CardiacSense Medical Watch is available for everyone and is making the device available for sale on easy EMI and through various other schemes so that patients from all walks of life can benefit by using this MEdical Watch.

One must understand the difference between a Medical Watch and a Fitness Tracker Watch. Fitness trackers are not designed for Medical Use, while MedTech product Solutions like CardiacSense which are beat-by-beat and breath-by-breath monitoring solutions are rigorously tested and approved by CE MDR in European Union, US-FDA, CDSCO, India, TGA, Australia and Medsafe, New Zealand. When it comes to patients with serious heart or other medical conditions, should rely only on medically approved products.

The post Medical-grade Smartwatch CardiacSense receives approval from US-FDA & CDSCO India: Achieves major milestones ahead of launch in India appeared first on NRI News.