At locations where Mastercard Paypass is accepted, you can simply swipe your card and the NFC (
Near Field Communications) technology will securely transfer virtual payment information and store coupons to complete your
purchase.
The following transactions are posted real time or very
near real time to when you conduct them: - Transactions conducted
at teller counters such as deposits *, withdrawals, and cashing on - us checks - Transactions conducted
at shared branching
locations * - ATM deposits * and withdrawals - Debit card
purchases conducted with a PIN - Authorizations (holds) for debit card
purchases conducted using the VISA network ** - Transfers conducted using our automated phone system (TYME Line)- Transfers conducted using our SRP Online, SRP Mobile, or in some instances Bill Pay * Funds availability rules apply.
All from their mobile device a consumer can find the store
nearest them, view the product in real life, find a deal and
purchase it from their mobile device
at a lower cost than what it's selling for
at the retail
location in which they are currently standing.