October 11, 2005
AUSTIN, Texas - Axalto, which provides microprocessor cards, is supplying more than 2 million MasterCard PayPass cards to KeyBank for the first contactless debit card rollout in the United States.
The KeyBank MasterCard PayPass card - available beginning Sept. 1 - also includes a magnetic stripe, allowing consumers to use it at any location that accepts MasterCard debit cards.