MasterCard and eFunds Launch Debit Processing Alliance

Tuesday 16 December 2003 09:36 CET | News

MasterCard International and eFunds Corporation, announced the formation of a debit processing alliance, creating MasterCard Complete Debit Processing (CDP).

Effective immediately, MasterCard will market eFunds EFT Processing Services under the MasterCard Complete Debit Processing brand and as an integrated component of the MasterCard Debit program. With the introduction of MasterCard Complete Debit Processing, MasterCard International adds a flexible, end-to-end debit transaction processing solution to the package of services and products already available under the MasterCard Debit umbrella. Traditionally, MasterCard Debit included the global point of sale and ATM brands (MasterCard / Maestro / Cirrus), a worldwide merchant acceptance network, consumer, business and premium debit programs, deposit account consulting expertise, and offline/online debit transaction switching.

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Keywords: ,
Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce