MasterCard 2008 Annual Report Download - page 23

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MasterCard Global ATM Network. Any debit, credit or ATM accessible prepaid card bearing the
MasterCard, Maestro or Cirrus logos had access to cash and account information at approximately 1.5 million
participating ATMs around the world as of December 31, 2008, making the MasterCard Global ATM Network
one of the largest ATM networks in the world. The MasterCard Global ATM Network provides domestic
(in-country) and international (global cross-border) access to cards allowing for varied types of transactions
including cash withdrawal (deposit accounts), cash advance (credit accounts), cash drawdown (prepaid accounts),
balance inquiries, account transfers and deposits at ATMs in the network. The MasterCard ATM locator can be
utilized to find any MasterCard Global ATM Network location globally through multiple channels including
on-line at MasterCard.com, mobile phones, as well as automated call centers. In the United States, the
MasterCard ATM Alliance network service provides surcharge-free services to cardholders of participating
issuers.
Commercial Payment Solutions
MasterCard offers commercial payment solutions that help large corporations, mid-sized companies, small
businesses and public sector organizations to streamline their payment processes, manage information and reduce
administrative costs. In the year ended December 31, 2008, our commercial credit and charge programs
generated approximately $230 billion in GDV globally, representing approximately 9% of our total GDV for this
period. GDV from commercial credit and charge programs grew globally by 13.7% on a U.S. dollar basis, and
13.2% on a local currency basis, for the year ended December 31, 2008, compared to the same period in 2007.
We offer various corporate payment products, including corporate cards, corporate premium cards,
corporate purchasing cards and fleet cards that allow corporations to manage travel and entertainment expenses
and provide corporations with additional transactional detail. The MasterCard Corporate Multi Card®is an
integrated card program that combines the functionality of one or more of our MasterCard corporate programs—
travel, purchasing and fleet—into a single card or account, thereby reducing the costs of managing multiple card
programs. Our Multinational Corporate Program allows issuers to manage and consolidate these corporate card
programs for multinational organizations that require commercial cards in more than one country. We also offer
public sector entities a variety of payment programs that are similar to the travel, purchasing, fleet and Multi
Card programs offered to corporations. The MasterCard BusinessCard®, the Debit MasterCard BusinessCardTM,
the World MasterCard for BusinessTM and the World Elite for BusinessTM are targeted at the small-business
segment, offering business owners the ability to gain access to working capital, to extend payments and to
separate business expenses from personal expenses.
MasterCard also has developed programs that offer benefits to organizations ranging from small businesses
to large corporations by integrating payment transaction data into financial systems. Such programs, which aim
to facilitate paperless end-to-end corporate purchasing for businesses, include the MasterCard Payment
Gateway®(processing payments between buyers, sellers and financial institutions), MasterCard ExpenSys®
(expense reporting) and MasterCard Smart Data (management reporting), as well as tools to facilitate integration
into enterprise planning systems (ERPs).
Prepaid Programs
Prepaid (“pay before”) programs involve a balance that is funded with monetary value prior to use. Holders
access funds via a traditional magnetic stripe or chip-enabled payment card. MasterCard customers may
implement prepaid payment programs using any of the MasterCard family of brands (MasterCard, MasterCard
Electronic, Maestro or Cirrus). MasterCard provides processing services, including authorization, clearing and
settlement, in support of either magnetic stripe or chip-enabled prepaid card programs. Prepaid card programs
can be customized to meet the needs of unique commercial and consumer segments and can be issued in
connection with various programs such as gift, employee benefit, general purpose, payroll, travel, incentive and
government disbursement programs.
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