MasterCard Provides EMV Credit and Debit Cards to First Tech Credit Union

First Tech Federal Credit Union announced yesterday that it has entered a new agreement with MasterCard as its payment solution provider, according to a company release. MasterCard will offer “convenience, control and security” for First Tech’s more than 380,000 members, enabling the credit union to issue new credit and debit cards that contain EMV Chip and PIN technology.

“Through this transition, we plan to be there every step of the way for our members by offering clear and concise communications while keeping them informed of the benefits MasterCard offers,” said Greg Mitchell, CEO of First Tech Federal Credit, in the release. Mitchell said that MasterCard provides First Tech’s members with card payment solutions that allow them to better manage their financial transactions, while also providing additional security.

“Consumers are looking for solutions that are secure and simple. Working with MasterCard, First Tech can better provide peace of mind for members,” said John Ainsworth, Group Head, Independent Banks and Credit Unions, U.S. Markets, MasterCard, in the release.

First Tech said that it plans to assist members in transitioning reoccurring payments from the previous payment solutions provider to MasterCard through its automatic billing update service. The credit union will begin distributing new cards this summer.