MasterCard 2003 Annual Report Download - page 14
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LeadingTechnology
There’snobetterwaytoproveourvaluethantodeliveriteveryday
—
byprocessingmillionsoftransactions,awlesslyandsecurely,andby
linking210countries,approximately25,000nancialinstitutions,and
millionsofmerchantsworldwide.Overthepastveyears,we’veinvested
morethan$160millioninourcoretechnology.Theresultisanintegrated
globalplatform,attheheartofwhichisBanknet®
,therstvirtualprivate
networkofitskindinthepaymentsindustry.Thisnetworkgivesusthe
speed,capacity,andexibilitytoaccommodatecurrentandemerging
cardprograms
—
andsupportsthecustomizedprocessingthatallowsour
customerstocaptureopportunities,bothlocalandworldwide.
Flawless:In2003,
MasterCard’snetwork
deliveredanearly
100percentavailability
rate.Creditanddebit
authorizationswereup
10.3percentto9.6billion,
whileBanknetnetwork
responsetimeforauthor-
izationsimproved15
percentover2002.
Reliable:MasterCard’snew
co-processingdatacenter
ensurestechnicalrecovery
intheeventofanemergency.
Bybalancingprocessing
betweenthisandMasterCard’s
primarydatacenter,wecan
quicklyredirectprocessing
shouldeithersystembecome
disrupted.