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Yiftee Enables Contactless ‘Tap & Go’ Payments, Teaming Up with Mastercard and Silicon Valley Bank, a division of First Citizens Bank

  • On June 3, 2025, in Menlo Park, California, Yiftee introduced a new feature enabling tap-and-pay functionality for their digital Community Cards.
  • Yiftee partnered with Mastercard and the commercial cards division of First Citizens Bank, Silicon Valley Bank, to create Tap & Go, addressing the increasing need for quicker and more secure payment options.
  • Yiftee’s Community Cards operate in more than 700 cities across the U.S. And connect with upwards of 20,000 local merchants, helping to stimulate economic growth and encourage consumers to shop within their communities.
  • Contactless payments represent more than two-thirds of in-person transactions on Mastercard’s network, and Yiftee expects Tap & Go to increase convenience and creative uses.
  • This innovation aims to drive spending at local shops and restaurants, thereby boosting revenue, foot traffic, and local economies across the U.S.
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Yiftee Enables Contactless ‘Tap & Go’ Payments, Teaming Up with Mastercard and Silicon Valley Bank, a division of First Citizens Bank

Collaboration Brings Added Convenience and Security when Redeeming Community Cards at Local Businesses

·Cherokee County, United States
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Send2Press Newswire broke the news in United States on Tuesday, June 3, 2025.
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