Fifth Third Masterpass Now Available to Fifth Third Bank Customers
July 27 2016 - 12:19PM
Business Wire
Fifth Third Bank (NASDAQ: FITB) announced today that its
customers will have access to fast, simple and secure digital
payments across devices. Fifth Third Masterpass, developed with
Mastercard, enables customers to shop online, in app and now,
in-store with Android devices.
“Fifth Third Bank is excited to offer Fifth Third Masterpass –
one of the first bank digital wallets in the marketplace that allow
in-store mobile payments and online check-out capabilities,” said
Randy Koporc, head of Payments and Commerce Solutions for Fifth
Third Bank. “By offering digital payment solutions, we are able to
provide our customers safe and convenient ways to pay using their
mobile device.”
From buying groceries to splitting the check and paying right at
a restaurant table, Fifth Third Masterpass simplifies the checkout
experience across a wide array of retailers. Fifth Third customers
that use Android devices will be the first to use this service at
more than one million contactless payment systems in the U.S. Fifth
Third Masterpass is also accepted at hundreds of thousands of
merchants for online and in-app payments.
Fifth Third Masterpass stores all payment information, including
card details, shipping information and payment preferences in one
convenient, secure place. It leverages the most advanced methods of
payment security available today, including tokenization, which
ensures information is protected.
To learn more about Fifth Third Masterpass, visit:
www.53.com/masterpass
About Fifth Third Bank
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $142 billion in
assets and operates 1,241 full-service Banking Centers, including
95 Bank Mart® locations, most open seven days a week, inside select
grocery stores and over 2,500 ATMs in Ohio, Kentucky, Indiana,
Michigan, Illinois, Florida, Tennessee, West Virginia,
Pennsylvania, Georgia and North Carolina. Fifth Third operates four
main businesses: Commercial Banking, Branch Banking, Consumer
Lending, and Investment Advisors. Fifth Third also has an 18.3%
interest in Vantiv Holding, LLC. Fifth Third is among the largest
money managers in the Midwest and, as of March 31, 2016, had $303
billion in assets under care, of which it managed $26 billion for
individuals, corporations and not-for-profit organizations.
Investor information and press releases can be viewed at
www.53.com. Fifth Third’s common stock is traded on the Nasdaq®
Global Select Market under the symbol “FITB.” Fifth Third Bank was
established in 1858.
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Fifth Third BankSean Parker, 513-534-6791
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