MasterCard and KeyBank Extend and Enhance Long-Standing Debit Relationship

MasterCard MA today announced a new multi-year contract with KeyBank to deliver industry-leading debit payment solutions and processing capabilities. As a result, Key will continue to provide its consumer and business customers with a safe, simple and secure experience every time they use their debit card online, in stores or at the ATM. KeyBank's Debit MasterCard program will add the capability for PIN transactions to the long-standing signature purchases and ATM withdrawal functionalities. Under the agreement, KeyBank will implement the world-class debit and prepaid transaction processing capabilities of MasterCard Integrated Processing Solutions® (IPS).