- Mastercard and Google announced a tokenization method that enables Google Pay users to safely transact using their Mastercard credit cards and debit cards.
- 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 have to do a one-time setup by entering their card details and their OTP to add their card on the Google Pay app.
- Mastercard said this initiative is an extension of Mastercard’s long-standing collaboration with Google and will go a long way towards enabling India’s digital economy.
Tags:
Economics
