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"At MasterCard, we continue to advance commerce globally by creating more advanced methods of payments through propriety insights, differentiated innovations and a unified global structure. Most importantly, we continue to develop compelling product propositions for our customers that help them drive real business value," said Steve Abrams, Global Product Group Executive, Commercial Products, MasterCard Worldwide. "We are honored to have been recognized for our work -- by panels of industry experts -- which validates that MasterCard continues to set the bar high in the payments industry." MasterCard develops global business-to-business payment solutions for large corporations, small and mid-sized businesses, and the public sector. Working closely with issuers, merchants and acquirers, MasterCard designs end- to-end payment solutions to meet the needs of each customer segment, resulting in products and services that empower commercial customers to better differentiate, manage and optimize their business. "In today''s competitive global economic environment, companies need the best tools and advice available to make their capital work harder 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 over 18 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?, Maestro? and Cirrus?, MasterCard serves consumers and businesses in more than 210 countries and territories. For more information go to About Global Finance Global Finance, which marks its 21st year of publishing in 2008, 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. Naya Larsson, MasterCard Worldwide, 914-249-3916, naya_larsson@mastercard.com Amy Juaristi, Weber Shandwick, 212-445-8252, ajuaristi@webershandwick.com Source: MasterCard Worldwide
PURCHASE, N.Y., March 4 /PRNewswire/ -- For the second consecutive year, MasterCard Worldwide has been named the "Best Corporate Cards and Expense Services Provider" by Global Finance magazine. The honor underscores how MasterCard is the premier provider of commercial payments and services that provide actionable information, turnkey integration and unmatched optimization solutions, which benefit acquirers, merchants, issuers and their customers in all areas of the world. The publication''s editors selected MasterCard based in part on input from industry analysts, corporate executives and technology experts. The results of the exclusive survey will be published in the March 2008 issue of the magazine.
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