PURCHASE, N.Y. – MasterCard has unveiled a new system that will allow cardholders to keep the same card and account numbers when they switch cards to a new card program to take advantage of discounts or promotions. The patent-pending MasterCard Product Graduation offers more flexibility and ease for cardholders, merchants and financial institutions that manage their accounts. Retaining the same card numbers will allow cardholders to maintain their recurring bill payments, online shopping profiles and other automatic payments.
Processing Content
