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 -

MENLO PARK, Calif., June 3, 2025 (SEND2PRESS NEWSWIRE) –– Yiftee, a leading provider of Community Cards that “Keep Local Dollars Local,” announced the launch of contactless Tap & Go capabilities for their virtual Community Cards that support over 700 communities and over 20,000 local businesses. Developed with Mastercard and Silicon Valley Bank, a division of First Citizens Bank, this latest innovation is expected to help drive spending to local shops and restaurants across the country, fueling the “shop local” movement.

Contactless payments today account for more than two in every three in-person transactions globally on Mastercard’s network as shoppers and merchants continue t