0 min left

You Can Now Put Any Name You Want on Your Mastercard

Mastercard is making credit card transactions easier and more inclusive for transgender customers by allowing them to use their chosen names on their cards instead of the names they were given at birth, all without requiring a legal name change to have the moniker changed on the card for their account.

Mastercard has recently become more inclusive for customers in the transgender community, allowing them to use the names they choose on their credit cards instead of the ones they were given at birth.

“What we’re introducing is a card that represents an individual as who they truly are,” Raj Seshadri, president of U.S. issuers at Mastercard, told American Banker. “This is something that should be accessible to everyone in the way they want it and there shouldn’t be any pain in that.”

With these cards, a legal name change will not be necessary. Not only will it be more inclusive for trans and non-binary cardholders, but it will also alleviate challenges with using credit cards for these customers in general. About a third of trans and non-binary customers have faced harassment or had negative experiences because of different names on their identification.

“Mastercard listened to transgender and non-binary consumers’ need for privacy and authenticity and created a powerful tool to make their lives better,” said Zeke Stokes, chief programs officer at LGBTQ advocacy group GLAAD, in a statement reported by American Banker. “Other businesses should follow suit by working with members of the LGBTQ community to create financial products that reflect true identities.”

 

[Featured Image: Mastercard]

Comments are Closed.
13 Comments
C
Cat Man Do July 9, 2019

m44, the would be nice, but US card vendors do not do chip and pin. They do chip and signature for the most part. Only a few have chip and pin as primary.

M
m44 June 26, 2019

In the time of "chip and pin" the name is not and should not be required. The only responsibility a merchant has is when it accepts the payment without the electronic chip. If all electricity fails there are risks to merchant. But checking the name does not absolve that liability either. The whole system works only if electricity, telephones and or internet work. If just electricity fails the problem of cashless is upon us. And in particular the USA electric grid is way past its former reliability. How about other countries? No so good. But a small solar cell and the local cell phone may get you going on their non Visa non Master Card micro-banking.

K
KimchiExpress June 26, 2019

zgscl - Has anyone ever checked your ID? I spend 100K a year in CC around the world and no one has ever asked me for ID. I use my wife's card all the time. Some even have her original Asian name on it. I am white. I have made cards in the past with "Sir King" or whatever crazy shit we could come up with while drinking wine and signing up for cards. Never an issue - they print whatever. Maybe I will put " Sum Ting Wong, Wi Tu Lo or Ho Lee Fuk" on my Asiana card.,

M
mvoight June 24, 2019

LostinAmerica - The vendor doesn't have to prove the card belongs to you. All they have to know is the card is not stolen. If it had been reported stolen, it would not get approvals.

T
trm2 June 24, 2019

Can I go with just McLovin?