MasterCard 2009 Annual Report Download - page 19

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Expanded Processing Capabilities. In addition to transaction switching, we continually invest in ways to
strategically expand our processing capabilities in the payment value chain. Whether leveraging our own
advanced processing expertise or forging strategic partnerships, we seek to provide our customers with an
expanded suite of payment processing solutions that meet the unique processing needs of their market. Examples
include:
•MasterCard Integrated Processing Solutions™ (IPS). In April 2008, we introduced MasterCard
Integrated Processing Solutions (“IPS”), a MasterCard-engineered issuer processing platform. IPS is
designed to provide medium to large global issuing customers with a complete processing solution to
help create differentiated products and services and allow quick deployment of payments portfolios
across banking channels. Through a single processing platform, IPS can, among other things, authorize
debit and prepaid transactions, assist issuers in managing risk using fraud detection tools, manage the
issuer’s card base, and manage and monitor the issuer’s ATMs. The proprietary MasterCard Portfolio
Viewer provides a user-friendly customer interface to IPS, delivering aggregate cardholder intelligence
across accounts and product lines to provide our customers with a view of information that can help
them customize their products and programs. We continue to develop opportunities to further enhance
our IPS offerings and global presence.
•Mobile Payments Gateway. In November 2009, MasterCard introduced the Mobile Payments Gateway
in Brazil. Mobile Payments Gateway will be a turnkey mobile payment processing platform that
facilitates transaction routing and prepaid processing for mobile-initiated transactions.
•Strategic Alliances. We have invested in strategic alliances to pursue opportunities in prepaid and
acquirer processing. Such alliances include Prepay Solutions, a joint venture with Accor Services which
supports prepaid processing in Europe, and Strategic Payment Services, which provides acquirer
processing in Asia Pacific. We will continue to evaluate additional opportunities to expand our
capabilities through these types of strategic alliances.
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