MasterCard has completed a deal to become the exclusive payments brand for KeyBank’s new suite of credit card products.
“We are moving decisively in the credit card space with MasterCard as our trusted partner. We’re excited to leverage their expertise in the payments space and find ways to innovate together,” said KeyCorp Chairman and CEO Beth Mooney. “Our payments momentum continues to build, as we expand our offerings for clients and strengthen our balance sheet.”
KeyBank plans to launch the MasterCard branded cards later in 2013.
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