Mastercard has announced a partnership with BMO Harris Bank and Suberbia Credit Union and will offer ‘True Name’, an option that allows trans and non-binary people to use their chosen names on their payment cards, even if not yet legally changed, ‘People’ reports.
“Transgender, non-binary, and gender non-conforming people are consistently placed at greater risk of discrimination, harassment, and overall denial of everyday services when their identification does not match their true identity,” Scott Turner Schofield of the GLAAD Media Institute said in a statement on the Mastercard website.
“The implementation of Mastercard’s True Name feature is a crucial step forward in helping to reduce these risks by allowing trans, non-binary, and gender non-conforming people to have financial products that accurately reflect who they are,” Turner said. “This new feature is a strong example of how companies can respond positively to customer feedback and ensure that their policies and products reflect a commitment to diversity, inclusion, and acceptance.”
BMO Harris Bank will be the first to offer the feature in December.
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