KeyBank extends 15 year partnership with MasterCard

15 year partnership

KeyBank, one of the US’s largest bank based financial services companies, is extending its long-standing relationship with MasterCard through a new multi-year contract deal. The two corporations have been in collaboration since 1997, offering a range of MasterCard branded card options such as KeyBank Gold Debit MasterCard, Rewards Debit MasterCard and Word Debit MasterCard. The new contract will introduce the bank to PIN transaction capability as well as the MasterCard Integrated Processing Solutions (IPS) debit and prepaid processing platform. The IPS platform provides a range of processing services for signature and PIN debit, ATM and global prepaid. MasterCard’s President of US markets Chris McWilton states that by extending their relationship “KeyBank has added a flexible foundation to serve the many needs of its customers for years to come.”


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