TapBase Introduces TapPay Mobile Payments Platform

TapBase has announced the release of its TapPay and TapWallet mobile applications for the iPhone as key elements of its Tap mobile payments, loyalty and rewards platform.

“Although there are a number of mobile payment solutions now available in the marketplace, our system mitigates some of the risks inherent in performing payment transactions away from the traditional bricks-and-mortar retail store. For example, a customer can request a bill be sent to their own device; the customer can then complete the transaction without having to directly share sensitive credit card data with the merchant.”

TapBase is a Palo Alto-based payments startup. Website is www.tappay.com.