Robyn Cottelli | February 4, 2015 | Industry News
Today, First Tech Federal Credit Union announced MasterCard will be its new payment solutions provider. MasterCard was selected because it offers the best combination of convenience, control and security for First Tech’s more than 380,000 members.
First Tech will issue all new MasterCard debit and credit cards using EMV Chip and PIN technology, which increases card data security and reduces chances of fraud. Additional card services will be introduced later this year.
MasterCard offers our members the very best in card payment solutions that will enable them to better manage their financial transactions with First Tech while also providing additional security,” said Greg Mitchell, chief executive officer of First Tech Federal Credit Union. “Through this transition, we plan to be there every step of the way for our members by offering clear and concise communications while keeping them informed of the benefits MasterCard offers.”
First Tech will begin distributing new cards in summer 2015.
Read the full press release here.