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PURCHASE, N.Y. and PARSIPPANY, N.J., Aug. 24 /PRNewswire-FirstCall/ -- MasterCard Worldwide (NYSE: MA) and CyberShift, Inc., a leading provider of enterprise-class expense management and workforce management software, today announced an alliance to provide businesses with CyberShift's Expense Management Automation (EMA) solution. The agreement provides MasterCard issuers with a compelling travel and expense management solution that they can offer to their corporate card customers. Through the combined capabilities of CyberShift and MasterCard, corporate card customers will have access to a flexible expense management solution, open integration to travel booking systems of choice, superior travel and spend analytics, BlackBerry(R) smartphone support, digital receipts filing, hotel folio data and much more, all delivered via a Software-as-a-Service (SaaS) model. The solution will enable corporations to enhance travel and card spend compliance through real-time data, ultimately reducing costs and errors across the board, and will provide issuers with a robust expense management solution to help customers get more from their corporate card programs.
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By MasterCard Worldwide and Visa Inc.August 5 - PSO content
August 2009 (Chicago, Illinois) Ezic, Inc., a leading innovator in digital payment processing, provides merchants market-driven solutions to control e-commerce cross-sales. The Ezic Gateway fully supports PCI compliant cardholder data storage. Merchants can process Repeat Billing, up-selling and cross-selling transactions at a later time, without storing sensitive cardholder information. Merchants can set restrictions on cross-sale transactions, allowing them to block affiliate IPs from running transactions via a specific card issuer, such as MasterCard. The system will seamlessly process cross-sales from all other card issuers not specified. Ezic's Resellers and merchants are in full compliance of MasterCard's rule 5.10.1, which prohibits merchants from exchanging information of or about a cardholder for the purpose of cross-sales. This prohibition applies to all products and services obtained as a result of a transaction. Merchants using MasterCard to perform cross-sales, the selling of an affiliate partner's product or service to an existing customer, could face fines up to $50,000 per violation and merchant bank account termination. "Our robust and easily configurable platform allows Resellers and merchants to avoid violations, save money, and reduce liability," says Locke Walsh, Ezic's CEO. The Gateway can also make exceptions if a merchant is the owner of both accounts and has permission from MasterCard to process the secondary transaction as an up-sell. About Ezic
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