Tap & Go® payments at work
Your customers can make purchases by simply tapping or waving their enabled card or smart device on a contactless-enabled point-of-sale (POS) reader. The secure reader receives payment details through radio frequency or Near Field Communication (NFC) technology.
Speed up checkout and ramp up sales
By using Mastercard contactless, customers speed through checkout, which means that you can serve more customers in less time. Contactless also helps you increase customer loyalty, resulting in repeat business and providing cross-sell opportunities.
Among the many benefits of Mastercard contactless:
- Enhanced payment security at the POS. Transactions are processed via the same secure network that processes billions of Mastercard magnetic strip and chip card transactions each year.
- Increased transaction size. On average, Mastercard contactless-active accounts demonstrate a higher average spend per account than non-contactless active accounts.
- Reduced cash handling expenses and improved operations for your business.
- Added convenience. With no cardholder verification required for transactions under $50 and no receipt required, contactless is a true tap & go experience.
How to accept Mastercard contactless
To accept contactless payments, merchants can choose to implement a plug-in peripheral reader or a fully integrated system.
Contact your acquirer or payment processor to learn how to begin accepting Mastercard contactless payment devices.
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