Metro Bank, the UK-based retail bank founded
by celebrated US entrepreneur Vernon Hill, will exclusively use
MasterCard payment products when it opens for business on 29
July.
As part of a five year deal, Metro will issue
fully personalised and ‘ready to go’ MasterCard debit and
credit cards.
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“We’re delighted that MasterCard has become
our payment partner. Its expertise and support has been vital in
bringing Metro Bank to market so quickly,” said Craig Donaldson,
Metro Bank CEO.
“We believe, and know, that UK consumers are
looking for a different and better banking experience. Working with
MasterCard has enabled us to offer a great range of innovative
payment services that will allow us to best serve the banking needs
of the consumer and business communities.”
Hany Fam, MasterCard UK and Ireland general
manager said:
“We share a common vision with Metro Bank in
putting the consumer at the heart of the payment proposition. We’re
delighted to be working together to bring a breath of fresh air to
high street banking in the UK.”
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