Tap Payments & Mastercard Launch World’s First 'Click to Pay' Service with Payment Passkey for eCommerce

Group Head, Marketing

12 Nov 2024

Today marks a milestone in digital payments. Tap Payments has partnered with Mastercard to introduce Click to Pay with Payment Passkey—a global first that will transform how we shop online.

How This Will Transform Online Shopping

Imagine checking out online with just your face or fingerprint. No more password juggling, no more OTP waiting games. That's exactly what we've built—a lightning fast, secure way to pay that puts you in control.

Why This Matters

The numbers tell the story:

90% of consumers worldwide prefer biometric authentication over traditional passwords. It's not just about convenience—it's about trust and security.

With online fraud and scams on the rise, traditional passwords just aren't cutting it anymore. Payment Passkey changes this by combining cutting-edge biometric security with a smooth user experience.

How It Works

Select your securely stored Mastercard at checkout
Authenticate with your face or fingerprint
That's it—you're done!

The system automatically recognizes returning customers through their device or email address, making repeat purchases even smoother.

Behind the Innovation

The magic happens through a combination of:

Advanced tokenization protecting your payment details
Biometric authentication ensuring it's really you
Intelligent customer recognition for returning shoppers
Zero sharing of payment details with third parties

What makes this truly special is our integration of global security standards. We've brought together EMVCo, World Wide Web Consortium (W3C), and FIDO Alliance standards to create a fortress around your payments while keeping the experience lightning fast.

The partnership was signed by Ali Abulhasan, Co-Founder & CEO of Tap Payments, and Maria Parpou, Executive Vice President at Mastercard Gateway.

Tap Payments has partnered with Mastercard to introduce Click to Pay with Payment Passkey—a global first — This partnership was signed by Ali Abulhasan, Co-Founder & CEO of Tap Payments, and Maria Parpou, Executive Vice President at Mastercard Gateway. Also present from Tap Payments: Ahmad Alwazzan, Managing Director of Tap Payments in the UAE, and Anwar Marafi, Group Head - Financial Institutions at Tap Payments.

Voices from Tap Payments and Mastercard

Ali Abulhasan, Co-Founder & CEO of Tap Payments, shared his thoughts:

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“At Tap Payments, we are committed to providing our customers with unparalleled payment capabilities. Each digital transaction represents a moment of trust between merchants and shoppers, which is why we continuously prioritize robust security measures. Our latest collaboration with Mastercard pushes the boundaries of innovation in eCommerce, making online payments more secure, faster, and easier than ever before.”

Maria Parpou, Executive Vice President at Mastercard Gateway, echoed this commitment:

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“Our partnership with Tap Payments introduces a new standard in secure, seamless online transactions for the MENA region. By integrating Click to Pay with Payment Passkey, Mastercard is elevating the eCommerce experience, ensuring shoppers can transact confidently with ease, supported by technology that prioritizes both security and convenience.”

Benefits for Shoppers and Merchants

For shoppers:

Lightning-fast checkouts without compromising security
No more password management
Built-in fraud protection
Complete privacy of payment details

For merchants:

Higher conversion rates with faster checkouts
Reduced cart abandonment
Enhanced security reducing fraud risk
Easy integration with existing systems

What's Next?

Starting in the UAE, we're set to expand this technology across Eastern Europe, the Middle East, and Africa. This is just the beginning of our journey to transform digital payments across the region.

Want to learn more about implementing this checkout experience? Visit our website and chat with our payment experts today.

Announcements

Martin O'Leary

Group Head, Marketing