MasterCard Intro's New Hologram Standard

As part of the settlement in the lawsuit against MasterCard and Visa by U.S. merchants, credit unions that issue MasterCard debit cards will need to adopt and implement a new hologram design standard by Jan. 1, 2004. MasterCard has introduced a new debit MasterCard card that features a hologram with the word "Debit" imprinted within the MasterCard Identification area. The requirements apply to U.S. issued MasterCard-branded consumer signature debit, stored-value, electronic benefits transfer, prepaid and payroll cards.