Fifth Third Bank said its Fountain Square 401(k) participants can now pay loan-processing fees with Visa and MasterCards.

Midwest Payment Systems, the bank's processing subsidiary, will process those transactions.

The $18.9 billion-asset bank has more than 100,000 401(k) customers from more than 600 companies. The bank said it offered the additional payment plan as a service to customers repaying loans from their 401(k) plans.

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