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What is a key fob or payment tag?

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What is a key fob or payment tag?

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A key fob or payment tag is a special PayPass device that you can attach to your key chain. Card issuers sometimes provide this as a companion to your traditional, primary, MasterCard plastic card. Usually very small and made of plastic, PayPass fobs/tags contain the same contactless computer chip and radio frequency antennae like regular PayPass cards.

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