KARACHI: Mastercard and Bank Alfalah have entered into a strategic partnership to launch Tap on Phone and Simplify Commerce solutions, which leverage the power of technology for businesses, particularly small enterprises.
According to a press release on Tuesday, the partnership will allow businesses of all sizes to sign up for Mastercard Tap on Phone, a cost-effective application that lets businesses embrace electronic acceptance of payment through their smart mobiles or tablet devices.
Once downloaded, businesses can immediately offer it to their customers with a flexible and secure checkout experience. Tap on Phone turns Android smartphones into secure payment acceptance devices for contactless cards, mobile wallets and smartwatches, with no additional equipment or setup-related costs.
Published in Dawn, March 30th, 2022
