TransCard, a provider of payment solutions for financial institutions, has received MasterCard PayPass certification for NFC-enabled contactless payment transactions.

Financial institutions and corporate clients working with TransCard are now able to offer contactless payment programs that are either stand-alone or connected to an existing TransCard prepaid card account.

The Tennessee-based company’s offerings include prepaid gift cards, payroll cards for employees and re-loadable cards for students, teens and other budgeted account holders.