Tag: cardbased

visa: Google Pay, Visa partner for card-based payments with tokenisation

New Delhi: Google Pay on Monday announced the rollout of tokenisation across its platform that will enable users to safely transact with their debit or credit cards. Through tokenisation, Google Pay Android users can use their debit or credit card to make payments through a secure digital token attached to their phone without having to physically share their credit or debit card details.

The feature will also facilitate use of tap-to-pay feature on near-field communications (NFC)-enabled point of sale (PoS) terminals and online merchants, a statement said.

“Working in close partnership with Visa and banking partners, this feature is now available to all users of Axis and SBI Card, with Kotak and more banks expected to follow suit very soon,” it added.

The feature also works with online merchants, delivering more native and seamless OTP experiences without any redirects to 3D secure sites, the statement said.

To enable the tap

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Mastercard and PFS partner Jersey on card-based stimulus scheme


Mastercard and PFS (a company of EML) have partnered with the Government of Jersey to develop the World’s first card-based stimulus scheme.

From today onwards, all eligible citizens in Jersey will be posted their own £100 PFS and Mastercard powered Spend Local Card that they can use in businesses across the island until midnight on October 31st, 2020. After that date, cardholders are being advised to retain their prepaid card in the event of a top-up type payment in the future. This forms part of the government’s overall £150 million fiscal stimulus package to help alleviate the economic hardship caused by the pandemic.

Kelly Devine, Division President, Mastercard UK & Ireland commented: “The Covid-19 outbreak has had a real impact on businesses, and Governments around the world are looking for ways to stimulate their economies. This innovative solution offers a real alternative to stimulus packages delivered through local

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