Finovate Demo Video Archives

Presenter Profile:

How they describe themselves: We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments, and businesses in more than 210 countries and territories.

The MasterCard brand is among the most recognized in the world. We offer a wide range of payment solutions, including credit, debit, prepaid and commercial programs, through a family of well-known brands, including MasterCard®, Maestro®, and Cirrus®.

As we move toward a world beyond cash, we are helping to secure a better, more inclusive future for everyone. We are committed to continuing to use our technology and expertise to deliver better ways to pay, creating a more connected world.

How they describe their product/innovation: MasterCard Pay with Rewards™ is an innovative solution that gives cardholders the freedom to redeem rewards points at the point of sale, either online or in stores. Cardholders configure Pay with Rewards™ on their existing card to redeem points at millions of eligible locations worldwide. While providing the ultimate in flexibility for consumers, this also serves as a cost-effective way to execute POS rewards programs for issuers. The Pay with Rewards™ solution provides ubiquity and scale by leveraging the existing MasterCard network, without modification to POS systems or card processes.

Product distribution strategy: Direct to Business (B2B), through financial institutions

Contacts:

Bus. Dev. & Sales: Chris Cramer, VP US Markets Loyalty & Cardholder Benefits christopher_cramer@mastercard.com, (o) 914.249.2205, (m) 914.325.9477
2000 Purchase Street, Purchase, NY 10577-2509
Press: Flor A. Estevez, Worldwide Communications, flor_estevez@mastercard.com
(o) 914-249-2118, (m) 914-325-8362
2000 Purchase Street, Purchase, NY 10577-2509