Wednesday, December 8, 2010

MasterCard Reports Progress Towards Restoring Full Service to Corporate Website

MasterCardImage via Wikipedia


MasterCard Statement

PURCHASE, N.Y.--(BUSINESS WIRE)--MasterCard has made significant progress in restoring full-service to its corporate website. Our core processing capabilities have not been compromised and cardholder account data has not been placed at risk. While we have seen limited interruption in some web-based services, cardholders can continue to use their cards for secure transactions globally.
About MasterCard Worldwide
As a leading global payments company, MasterCard Worldwide prides itself on being at the heart of commerce, helping to make life easier and more efficient for everyone, everywhere. MasterCard serves as a franchisor, processor and advisor to the payments industry, and makes commerce happen by providing a critical economic link among financial institutions, governments, businesses, merchants, and cardholders worldwide. In 2009, $2.5 trillion in gross dollar volume was generated on its products by consumers around the world. Powered by the MasterCard Worldwide Network – the fastest payment processing network in the world – MasterCard processes over 22 billion transactions each year and has the capacity to handle 140 million transactions per hour, with an average network response time of 140 milliseconds and with 99.99 percent reliability. MasterCard advances global commerce through its family of brands, including MasterCard®, Maestro®, and Cirrus®; its suite of core products such as credit, debit, and prepaid; and its innovative platforms and functionalities, such as MasterCard PayPass™ and MasterCard inControl™. MasterCard serves consumers, governments, and businesses in more than 210 countries and territories. For more information, please visit us at www.mastercard.com. Follow us on Twitter: @mastercardnews.

Contacts

MasterCard
Investor Relations:
Barbara Gasper, 914-249-4565
Investor_Relations@mastercard.com
or
Media Relations:
James Issokson, 914-249-6286
James_Issokson@mastercard.com
Permalink: http://www.businesswire.com/news/home/20101208006660/en/MasterCard-Statement



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