WASHINGTON – MasterCard said this morning during CUNA’s Government Affairs Conference that Lake Trust CU will be one of the first credit unions to test its new digital wallet, MasterPass, as part of a broader roll-out to credit unions.

The $2 billion Lansing, Mich., credit union is launching its pilot of MasterPass through PSCU, but credit union processors CO-OP Financial Services and TMG also announced today they are offering the new online card. The three credit union card processors also joined with Visa in November to offer Visa’s V.me digital wallet service to credit unions.

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