Mastercard lets transgender users choose names on their cards (if banks agree)

Mastercard, one of the two dominant U.S. payment networks, is introducing debit and credit cards that will let transgender users select whatever name they want — as long as the bank that issues the card and extends the accompanying credit line goes along.

Branded as “True Name” cards, the products are designed to prevent negative experiences reported by nearly 32% of individuals who have shown IDs with a name or gender that didn’t match their appearance from being harassed to being refused services or attacked.