MasterCard Worldwide Remains Top Corporate Card and Expense Services Provider According to Global Finance Magazine

12 Mar 2009 15:00 Africa/Lagos

MasterCard Worldwide Remains Top Corporate Card and Expense Services Provider According to Global Finance Magazine

PURCHASE, N.Y., March 12 /PRNewswire/ -- MasterCard Worldwide has been named the "Best Corporate Cards and Expense Services Provider" by Global Finance magazine for the third consecutive year. The award was bestowed to MasterCard for innovative solutions that enable value and efficiency in commercial payments. MasterCard was selected by the publication's editors who incorporate input from industry analysts, corporate executives and technology experts in determining the award's recipient. The results of the exclusive survey are published in the March 2009 issue of the magazine.


(Logo: http://www.newscom.com/cgi-bin/prnh/20061031/MCLOGO )


The award highlights MasterCard's leadership as a premier provider of commercial payment solutions that provide actionable information, turnkey integration and unmatched optimization benefiting issuers, merchants and their corporate customers around the world.


"At MasterCard, we continue to advance commerce globally by creating more advanced methods of payment. Our unified structure allows us to leverage insights and innovation from all corners of the world," said Steve Abrams, Global Product Group Executive, Commercial Products, MasterCard Worldwide. "We are honored to have been recognized by this panel of industry experts for our efforts. We understand the pressures our customers face in this economic environment and remain committed to developing payment solutions that help them derive real business value."


MasterCard develops end-to-end payment solutions for large corporations, small and mid-sized businesses as well as public sector agencies around the world. At a time when cost savings are top of mind, MasterCard is working closely with issuers, merchants and acquirers to deliver customized products and services that help companies and agencies effectively manage and optimize their businesses.


"In today's challenging global economic environment, companies need the best tools and advice available to make their businesses run more efficiently than ever," says Global Finance publisher Joseph D. Giarraputo. "Our awards identify the banks and providers of products and services that consistently improve transaction processes to speed collections and reduce risks. MasterCard was awarded the best Corporate Card and Expense Services Provider because their solutions enable companies to get the most out of their capital and resources."


Factors considered in selecting the winners included profitability, market share and reach, customer service, competitive pricing and product innovation.


About MasterCard Worldwide


MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes approximately 21 billion transactions each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Through its family of brands, including MasterCard(R), Maestro(R) and Cirrus(R), MasterCard serves consumers and businesses in more than 210 countries and territories. For more information go to www.mastercard.com.


About Global Finance


Global Finance, which marks its 22nd year of publishing in 2009, has 50,000 subscribers and more than 254,000 readers in 158 countries. This audience includes chairmen, presidents, CEOs, CFOs, treasurers, and other financial officers responsible for making investments and strategic business decisions for global companies and financial institutions. Global Finance also targets the 8,000 key portfolio investors who control over 80% of all assets under professional management. http://www.gfmag.com/.


Photo: http://www.newscom.com/cgi-bin/prnh/20061031/MCLOGO
Source: MasterCard Worldwide

CONTACT: Naya Larsson of MasterCard Worldwide, +1-914-249-3916,
naya_larsson@mastercard.com , or Kaitlin Jaxheimer of Weber Shandwick,
+1-212-445-8261, kjaxheimer@webershandwick.com


Web Site: http://www.gfmag.com/




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