KeyBank launches 'tap and go' credit, debit cards

Contactless credit and debit cards highlight KeyBank’s investment in improving customer purchasing experiences

Combining convenience, speed and security, KeyBank announced the launch of KeyBank Mastercard contactless credit and debit cards, in partnership with Mastercard and FIS. The new cards – now in issuance – allow clients to make in-store purchases at the speed of a single tap, while providing secure dynamic encryption during the buying process.

“The KeyBank Mastercard contactless cards demonstrate our commitment to investing in seamless experiences for our customers through increased, intelligent accessibility,” said Ken Gavrity, head of KeyBank enterprise payments. “We know that consumers value convenience and speed, and our new contactless cards make everyday purchases quick and simple, with the confidence that transactions are secure. We’re thrilled to offer our customers this easy-to-use and safe way to pay.”

The KeyBank Mastercard contactless cards feature the latest in contactless chip technology – meaning paying for purchases is a matter of “tap and go” at point-of-sale terminals. The contactless chip technology provides EMV security, creating a unique code for each individual transaction that allows customers to make secure purchases at a rate 10 times faster than inserting a card.

 “From transit tickets to morning coffees, people want to go about their everyday life with ease and complete peace of mind, and, with contactless, we aim to make transactions quicker, safer and seamless to better fit our customers’ lifestyles,” said Raj Seshadri, president, U.S. issuers, North America, for Mastercard.

For more information on KeyBank Mastercard contactless credit and debit cards, visit www.key.com/tap.