"Today's announcement and the Code should resolve a commercial dispute for which the global retail lobby operating in
In 2008 MasterCard celebrated 35 years of providing Canadians with unparalleled payments value. Over the last decade MasterCard has been a leading Canadian payments innovator with its introduction of retail and other non-traditional card issuers, chip, PayPass(TM) contactless technology, and, most recently, Maestro(R). Maestro is MasterCard's global debit offering in
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 approximately 21 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(R), Maestro(R) and Cirrus(R), MasterCard serves consumers and businesses in more than 210 countries and territories. For more information go to www.mastercard.com.
SOURCE MasterCard Canada
For further information: For further information: Jennifer Reed, MasterCard Canada, (416) 365-6664, jennifer_reed@mastercard.com
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