New Delhi, September 30 (IANS): As contactless payments through smartphones gain popularity among consumers, PhonePe and Mastercard have announced a collaboration to launch an exclusive feature for Mastercard cardholders in India. The new feature enables Mastercard cardholders to make in-store payments by simply tapping their NFC-enabled smartphones at payment terminals using the PhonePe app. “This elevates both convenience and security for users, enabling contactless payments at physical stores and safer online transactions -- all within the familiar PhonePe app. Mastercard cardholders can now benefit from a suite of powerful features, including ‘secure tap and pay’ in-store payments to make contactless payments at NFC-enabled terminals across India and abroad using the PhonePe app on Android smartphones. The new feature will begin rolling out to Mastercard cardholders on the PhonePe app in a phased manner.