MasterCard (MA) Becomes Exclusive Payment Network for New KeyCorp (KEY) Cards

MasterCard (NYSE: MA) and KeyBank N.A., a wholly owned subsidiary of KeyCorp (NYSE: KEY), announced that MasterCard will be the exclusive payment network for a new suite of KeyBank credit card products, to include consumer, business and commercial credit cards. KeyBank will launch the MasterCard branded suite of cards this year.

The new deal further strengthens the strategic relationship between KeyBank and MasterCard that previously included long-standing agreements in debit and ATM.

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