ICBA Payments has partnered with Mastercard to upgrade card and payment services for 1,400 community banks. The collaboration enhances security, streamlines digital payments, and improves customer experiences.
“By partnering with Mastercard, we’re equipping our member banks with secure, cost-effective solutions to support and grow their communities,” said ICBA Payments CEO Jacob Eisen.
These payments will upgrade its sponsored card programs to Mastercard at no cost, introducing contactless payments, digital wallet tokenization, and optimized business BIN structures. Mastercard will manage cardholder communication and provide assets to boost engagement.
“Together, we are enabling community banks to drive financial empowerment, foster local growth, and create a more connected and resilient future for every community they serve,” said Marie Elizabeth, US Market Development Mastercard executive president.
ICBA payments support community banks through innovation and advocacy, collectively managing over $43 billion in credit and debit sales. This partnership strengthens local economies all while delivering secure, modern payment solutions.