Tappy Technologies, a provider of wearable payment solutions, has announced that its secure tokenisation technology is driving the launch of contactless payment bands by First Abu Dhabi Bank (FAB) in partnership with Mastercard. Inspired by the precision of motor racing, these bands give consumers a way to celebrate speed, style and convenience in everyday life.
Wayne Leung, CEO, Tappy Technologies said, “Motor racing is all about passion, speed and precision – and that’s exactly what these payment bands represent. Consumers can wear a stylish accessory while enjoying the convenience of secure, contactless payments powered by Tappy. Together with FAB, Mastercard and Thales, we are redefining how lifestyle and technology come together to enhance everyday experiences around the world.”
Much like the world of motor racing where every second counts, these payment bands are designed for seamless performance. Embedded with Thales secure element chips and powered by Tappy’s tokenisation technology, the bands allow users to tokenise their Mastercard cards issued by FAB through the Tappy Pay App. Once provisioned, the bands transform into secure payment devices that can be used at millions of contactless-enabled merchants worldwide.
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