Businessweek

and travel, concierge and cardholder protection insurances in some regions. These products are specifically designed to target the needs of the most affluent segments worldwide. Debit The company supports a range of payment solutions that allow its customers to provide consumers with convenient access to funds in deposit accounts and other accounts. The company’s debit and deposit access programs may have the MasterCard, Maestro and/or Cirrus logos, and can be used to obtain cash in bank branches or at ATMs. In addition, MasterCard and Maestro-branded debit products may be used to make purchases and, in some cases, to obtain cash back at the point of sale. MasterCard-branded Debit Card: MasterCard-branded debit programs provide functionality for both signature-based and personal identification number (PIN) based authenticated transactions. As of December 31, 2012, the MasterCard logo appeared on 436 million debit cards worldwide. Maestro-branded Debit Card: Maestro is its global PIN-based debit program, and is the only PIN-based solution that operates globally. As of December 31, 2012, the Maestro logo appeared on 743 million cards worldwide. MasterCard Global ATM Solutions: Cirrus is the company’s primary global cash access brand. MasterCard Global ATM Solutions provides domestic (in-country) and cross-border access 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 that participate in the MasterCard Worldwide Network. Prepaid Prepaid programs involve a balance that is funded with monetary value prior to use. The company provides processing services (including transaction switching) in support of either magnetic stripe or chip-enabled prepaid programs. The company provides and customizes programs to meet commercial and consumer needs in all prepaid segments, including programs, such as general purpose reloadable, employee benefit, payroll, travel, incentive, government disbursement programs and gift cards. In particular, the company focuses on three categories, such as government, which includes programs targeted to achieve cost savings and efficiencies by moving traditional paper disbursement methods to electronic solutions in government programs, such as Social Security payments, unemployment benefits and others; commercial, which includes programs targeted to achieve cost savings and efficiencies by moving traditional paper disbursement methods to electronic solutions in business applications, such as payroll, health savings accounts and others; and consumer reloadable, which includes programs to address the payment needs of individuals without formal banking relationships, individuals who are not traditional users of credit or debit cards or devices or individuals who want to segment funds for security or convenience purposes, such as travel. The company also provides prepaid card program management services through Access Prepaid Worldwide (Access). Through Access, the company manages and delivers consumer and commercial prepaid travel cards to business partners around the world, including financial institutions, retailers, travel agents and foreign exchange bureaus. Access enables the company to offer prepaid solutions encompassing branded switching, issuer processing and program management services, primarily focused on the travel sector. Commercial The company offers commercial payment solutions that help large corporations, mid-sized companies, small businesses and government entities to streamline their procurement and payment processes, and manage information and expenses. As of December 31, 2012, the MasterCard brand mark appeared on 36 million commercial credit and charge cards worldwide. The company offers various commercial payment programs and value-added services, including corporate cards, corporate premium cards, corporate purchasing cards and fleet cards (as well as the MasterCard Corporate Multi Card, which combines the functionality of one or more of these cards) that allow corporations to, among other things, manage tr