MasterCard 2006 Annual Report Download - page 15

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From regional banks to many of the world’s largest fi nancial institutions,
MasterCard customers gain clear advantages from our unifi ed global
structure. These include ready acceptance, seamless processing, business
support and the ability to customize payments solutions to meet
emerging opportunities in local markets.
Increasingly, fi nancial institutions are moving from limited domestic
processing networks to MasterCard to increase their ability to roll out
new and innovative payment solutions. For example, in the United
Kingdom and Brazil, banks that once relied, respectively, on Switch and
Redeshop debit networks have lowered costs and enhanced relationships
with businesses and consumers by migrating to Maestro. As we continue
to deliver advanced capabilities to customers across the globe, our
platform will facilitate cross-border expansion and enable access to
advanced payment forms.
Of course, the underlying value of any network is its speed and reliability.
In this regard, MasterCard again proved its excellence in 2006. All told,
our global network processed more than 16 billion transactions with
virtually perfect reliability.
More than any competitor, we’re
meeting the needs of an increasingly
global constituency through a
unifi ed organization and processing
platform well suited to cross-border
and worldwide commerce.
São Paulo, Brazil
By switching from Redeshop
to MasterCard Maestro, fi nancial
institutions in Brazil are benefi ting
from enhanced processing effi ciency
and accelerated Maestro usage.
Dubai, United Arab Emirates
We offer businesses better ways to
increase effi ciency, lower costs and
track expenditures on a global basis
via solutions such as Smart Data Online
and the MasterCard Value-Added
Tax Recovery Program.
London, England
By adopting Maestro, fi nancial institutions
in Europe create a consistent experience for
cardholders throughout the region.