The token can be updated by the card issuer allowing lost, expired, or replaced cards to be automatically updated with the merchant. Even if the cardholder’s mobile device is misplaced, details of the card still remain secure as they are stored as digital tokens. When making a purchase with a Mastercard debit or credit card using Google Pay, cardholders and merchants will enjoy a similar experience as a regular card-based transaction with enhanced safety and convenience. Mastercard Digital Enablement Service (MDES) allows payment credentials to be securely tokenized and stored in mobile devices. For a convenient registration, users will do a one-time setup by entering their card details and their OTP to add their card on the Google Pay app. With this collaboration, Google Pay Android users can scan and pay across all Bharat QR-enabled merchants, tap-and-pay, and make in-app transactions through their Mastercard debit and credit card. This collaboration is a commitment to ensure the best-in-class user experience and security features in an increasingly digital first world. Through tokenization, Mastercard cardholders can make payments through a secure digital token without having to share their credit or debit card details such as card number, expiry date, etc. Mastercard and Google today announced the rollout of tokenization that will enable Google Pay users to safely transact using their Mastercard credit and debit cards while enjoying a hassle-free experience. Mastercard cards on Axis Bank, Federal Bank, HDFC Bank, HSBC, RBL Bank, and SBI Card are live The companies work together to provide consumers choice - strengthening the ease, safety, and security of digital payments in India
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