Mastercard Incorporated
Multi-mode payment systems and methods

Abstract:

Systems, methods, apparatus and computer program code are provided to receive payment card and mobile identity information from a mobile device associated with a user, determine account and mobile device eligibility and capability and in the case where the mobile device is NFC capable, triggering a tokenization process to generate a tokenization record associated with the payment card, storing the payment card information associated with the user securely, and transmitting card reference information associated with at least one of (i) the tokenization record, and (ii) the stored payment card information to the mobile device for use in transactions.