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PhonePe Partners with Mastercard to Launch Exclusive ‘Tap & Pay’ Feature for Cardholders in India.

Banking & Finance | Dated: 02 Oct 2025

In September 2025, PhonePe Private Limited, a leading Indian digital payments platform, collaborated with Mastercard Inc. to launch an exclusive ‘Tap & Pay’ feature. The initiative is designed to provide Mastercard cardholders in India with secure, seamless, and tokenised digital payment solutions across retail and e-commerce channels.

🎯 Key Highlights:

  • - The ‘Tap & Pay’ feature aims to deliver frictionless contactless payment experiences at physical retail outlets while also supporting tokenised transactions for e-commerce, enhancing both in-store and online security for Mastercard users.

💡 Other Important Facts:

  • (i) The service is available to Mastercard debit, credit, and prepaid cardholders in India, enabling them to access advanced contactless payment options integrated within the PhonePe mobile application.
  • (ii) Accessible on NFC (Near-Field Communication)-enabled Android smartphones, the feature allows users to make tap-and-pay transactions at NFC-enabled Point of Sale (PoS) terminals both in India and abroad, expanding international usability.
  • (iii) Online shopping is secured through tokenisation technology that links transactions to the user’s device, ensuring safer payments. Customers can enable the feature through a one-time secure card tokenisation process on the PhonePe app.

📚 Test Your Knowledge:

Which digital payments platform partnered with Mastercard in September 2025 to launch the exclusive ‘Tap & Pay’ feature in India?

Correct Answer: PhonePe

🚀 Quick Recap: