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Washington Mutual Selects MasterCard for Debit Cards

Tags » Associations, Card Issuers, Debit Cards, Washington Mutual  »

Washington Mutual has announced that it will move its principal payment card programs to MasterCard.

“We’re pleased to be working with MasterCard to offer our customers a great way to purchase what they want and need,” said Ken Kido, executive vice president and manager, product management and operations, Washington Mutual.

“Washington Mutual transformed the consumer banking experience by energizing bank branches as never before. Together, we will transform the way consumers pay for everything that matters,” said Ruth Ann Marshall, president of the Americas, MasterCard International. “We are excited to be the debit card of choice for a financial services pioneer.”

After the conversion to MasterCard, which is expected to begin near the end of 2005, Washington Mutual will issue MasterCard debit cards that can be used at signature and PIN point-of-sale locations, and at all MasterCard ATMs.

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