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Transgender

Mastercard Is Making Its Credit Cards Trans-Friendly

MASTERCARD

Cardholders can now use their chosen name on their plastic without jumping through hoops.

Nbroverman

Using a credit card can be fraught for some trans people when their name doesn't match their gender presentation, but Mastercard announced today it is working to remedy the problem.

The credit card giant -- which, as the second-largest credit card company, has nearly 200 million users -- will no longer require a legal name change or additional proof of identity to alter the name on someone's credit card, Newsweek reports. Mastercard is calling its new service the True Name card.

Many transgender people have identification and credit cards that include their deadname or incorrect gender, leading to anxiety, harassment, and rejection from cashiers. Mastercard says the True Name card is safe and that having specific names on credit cards does not make transactions more secure.

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

Nbroverman
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Neal Broverman

Neal Broverman is the Editorial Director, Print of Pride Media, publishers of The Advocate, Out, Out Traveler, and Plus, spending more than 20 years in journalism. He indulges his interest in transportation and urban planning with regular contributions to Los Angeles magazine, and his work has also appeared in the Los Angeles Times and USA Today. He lives in the City of Angels with his husband, children, and their chiweenie.
Neal Broverman is the Editorial Director, Print of Pride Media, publishers of The Advocate, Out, Out Traveler, and Plus, spending more than 20 years in journalism. He indulges his interest in transportation and urban planning with regular contributions to Los Angeles magazine, and his work has also appeared in the Los Angeles Times and USA Today. He lives in the City of Angels with his husband, children, and their chiweenie.