Citibank Introduces Tap-and-Go Convenience for Its Debit Customers

The PayPass key fob device fits on a key chain for easy access, so customers can make payments on purchases with a simple tap on a PayPass reader at participating merchants...and go. Following the initial launch in the New York market beginning this fall, Citibank plans to roll out 2.5 million PayPass debit devices across the country.

"We're always looking for ways to improve and simplify our customers' everyday payment transactions by adding enhancements to our expansive suite of superior products and services," says Wayne Malone, Senior Vice President of Transaction Innovation for Citibank. He adds, "And customers are looking for the latest products or services that not only save them time, but also make everyday banking and spending simpler. With the Citibank MasterCard PayPass, there's no fishing around for your wallet or waiting for change. It's safe, fast and incredibly convenient."

"PayPass provides consumers with a simpler, quicker check-out experience in addition to the security they've come to expect when making purchases with a MasterCard card," says Cathleen Conforti, senior vice president and Global PayPass Product Manager, MasterCard International.