Citi Brings PayPass to Cell Phones

Expanding its contactless payment offerings, New York-based Citibank is now offering its customers the Citi payment tag, a MasterCard PayPass-enabled sticker that can be placed on the back of cell phones.

Using the tag line "The back of your phone just became its coolest feature," the payment tag is accepted anywhere PayPass payments are available, and doesn't require a signature for payments under $50. Payments are linked to existing accounts.

Customers can request a payment tag through a page on Citi's website.