What Is Mastercard Paypass?

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In an effort to increase convenience and ease in purchasing for small transactions, MasterCard developed the Paypass. It is widely accepted at a number of stores and restaurants just like a standard MasterCard, yet it saves you time.

Function

The MasterCard Paypass functions the same way as your standard MasterCard. Your Paypass will be linked to your MasterCard account, and instead of swiping your MasterCard, you simply tap the Paypass icon at the register. Many locations, such as stores, gas stations, drug stores and restaurants, have Paypass capability. However, if not, you can always use your regular MasterCard.

Features

You have a few options for obtaining and using your Paypass. Your bank can issue you a Paypass MasterCard, a Paypass key fob or you can add the mobile functionality to your cell phone.

Considerations

If your purchase is less than $25, you are only required to tap your Paypass. If it's more than $25, you are required to enter your pin or sign to authorize the purchase. If you have more than one Paypass on your key chain or in your wallet, you should carefully select the Paypass you want to use.

Benefits

Paypass purchases are listed on your credit card statement just like your other transactions. The Paypass is built with technology to prevent dual charges; even if your Paypass is tapped more than once, you will only be charged once.

Warning

Your Paypass is always activated and ready to use for your convenience. For that reason, you should store it like you would your regular MasterCard to prevent loss or theft.

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