18 August 2017
Find out more

TD Bank to route card transactions via Maestro

29 July 2015  |  2843 views  |  1 Source: TD Bank

TD Bank, America’s Most Convenient Bank, today announced an agreement with global payments technology company MasterCard to route debit and prepaid card transactions over MasterCard’s Maestro network.

Through the agreement, MasterCard will process TD Bank’s debit card and prepaid card PIN transactions. This initiative extends MasterCard’s worldwide presence and breadth of services to TD Bank customers including tokenized transactions, leveraging technology that provides a higher level of security for customer debit and prepaid cards.

“At TD Bank, we’re focused on providing the highest level of service to our customers and driving innovation to our customers faster,” said Ryan Bailey, Head of Deposit Products, Payments and Non-Real Estate Lending at TD Bank. “Through our partnership with MasterCard we will be able to provide our customers with access to advanced payment solutions and services quickly and efficiently.”

“We are delighted to extend our network to TD Bank, as well as explore opportunities to bring the latest innovation to TD Bank customers,” said Chris McWilton, president, North America, MasterCard.

This agreement will take effect in the beginning of 2016 and will bring TD Bank a platform to deliver robust payment options to their customers in an ongoing manner.

Comments: (1)

Matt Scott
Matt Scott - RenovITe Technologies Inc - London | 29 July, 2015, 20:25 Maestro Issuing and Acquiring can be a little complex - particularly if there is a variance between their domestic standard and the international scheme business rules.
Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.niceactimize.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
7582 views comments | 22 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7273 views comments | 19 tweets | 23 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6008 views 1 | 5 tweets | 3 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
5945 views comments | 10 tweets | 7 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
5834 views comments | 11 tweets | 9 linkedin

Featured job

£100-120K Basic dependent on experience plus subst...

Find your next job