St. Petersburg, Fla., CUSO PSCU and $1.5 billion Lansing,Mich.-based Lake Trust Credit Union have announced that Lake Trustis the first credit union to pilot MasterCard's new MasterPassdigital wallet to permit fast checkout from participating onlineretailers.
The service is comparatively new. MasterCard announced its debutin late February.
The advantage of MasterPass is that the consumer needs only toclick on the MasterPass logo at participating retailers andcomplete a quick log in. This makes it much faster and easier tocheck out, said PSCU's Denise Stevens, a vice president.
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