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Lake Trust Credit Union – the first US credit union to implement MasterPass digital wallet

Friday 12 April 2013 09:02 CET | News

Lake Trust Credit Union, a PSCU Member-Owner credit union, will be the first credit union in the US to deploy MasterCard’s MasterPass digital wallet service.

Lake Trust’s members can register their payment cards, store their payment, billing and shipping information and set their security credentials and preferences through the credit union’s own branded MasterPass website. Once registered, members can select MasterPass as their payment method at participating merchants.

PSCU‘s initial implementation of MasterPass eliminates the need to enter detailed shipping and card information with every purchase. In addition to MasterCard cards, consumers can use other branded credit, debit and prepaid cards.

The institution has been participating in a MasterPass pilot since PSCU has unveiled its partnership with MasterCard MasterPass in late February 2013.
 


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Keywords: Lake Trust Credit Union, MasterCard, MasterPass, digital wallet, online payments, US
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce