KeyBank Introducing MasterCard PayPass Debit Cards

"Key has long been a leader in technology innovation that enhances our customers' financial needs, and we are excited to offer PayPass as a way for them to have even faster access to their money," said Carl Stauffeneger, SVP, product management, Key Consumer Product Development.

"Radio frequency technology is the way of the future in payments and we are pleased to be first to introduce our customers to MasterCard PayPass debit cards, which utilize this technology. Our consumer and small business debit MasterCard cards, as well as our KeyMiles reward debit MasterCard cards, will be equipped with the new PayPass technology."

"MasterCard PayPass is simpler and more convenient than cash, thereby moving consumers through the checkout process faster," said Cathleen Conforti, Global PayPass Product Manager, MasterCard International. "PayPass also provides consumers with the flexibility and security they have come to expect when making everyday purchases with a MasterCard card."