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Mastercard And Google Pay Tie-Up

Highlights:

  • Mastercard and Google has announced the rollout of tokenisation that will enable Google Pay users to safely transact using their Mastercard credit and debit cards while enjoying a hassle-free experience.
  • The companies work together to provide consumers choice - strengthening the ease, safety, and security of digital payments in India
  • Mastercard cards on Axis Bank, Federal Bank, HDFC Bank, HSBC, RBL Bank, and SBI Card are live
  • With this collaboration, Google Pay Android users can scan and pay across all Bharat QR-enabled merchants, tap-and-pay, and make in-app transactions through their Mastercard debit and credit card.
  • For a convenient registration, users will do a one-time setup by entering their card details and their OTP to add their card on the Google Pay app.
  • Mastercard was founded on December 16, 1966, and its headquarters are in New York, New York. 
  • It's CEO is Michael Miebach, and its Executive Chairman is Ajay Banga.