At least three payment CUSOs with nationwide scope lost no timetoday to announce they had partnered with MasterCard in thedistribution of its digital wallet called MasterPass.

PSCU,CO-OPFinancial Services and The MembersGroup all announced they have partnered with MasterCard to makethe new technology available to their member credit unions.MasterCard said MasterPass will support different approaches topoints of sale purchases, will enable MasterCard issuers to offerdigital wallets and will enable users to obtain other financialinformation, such balances and completed transactions, from theapplication.

“MasterPass empowers our credit unions to add a higher level ofefficiency and value to their members' payments experiences,” saidMichael Kelly, PSCU CEO. “As more and more consumers demandversatile, mobile-based and secure ways to transact wherever theyare, PSCU's credit unions will be there to help them. This serviceis a key solution in establishing our member-owners as the mostcapable and relevant financial institutions for current and futuremembers.”