MasterCard launches integrated payments processing services platform

The platform will enable issuers and acquirers to launch secure payments programs to their customers with greater speed and convenience, says MasterCard.

In order to provide faster, seamless and secure payment solutions, American multinational financial services corporation, MasterCard has launched an integrated payments processing services platform called MasterCard Integrated.

The platform will enable issuers and acquirers to launch secure payments programs to their customers with greater speed and convenience, says MasterCard.

With MasterCard Integrated platform, the New York headquartered, payment giant will now offer fully-integrated hosted processing services, supporting all payment brands.

According to company, this will expand the role of MasterCard during the payments process, extending beyond its traditional network-branded switching services.

In addition to traditional issuers and acquirers, MasterCard will also enables governments to build and manage entire payments ecosystems as.

“In today’s world of rapid technology and regulatory changes, those in the payments ecosystem need to be nimbler in order to keep up. In order to do so, our customers – issuing and acquiring banks, and governments  – seek best-in-class technology platforms and services that are reliable and more secure so they can focus on growth and providing greater value to their consumers,” Rama Sridhar, senior vice president, Network, Processing & Security Solutions, Asia/Pacific, MasterCard, said in a statement.

As a fully end-to-end platform, MasterCard Integrated is a comprehensive suite of services and tools. Company claims that the solution will enable greater speed to market, state-of-the-art security, greater efficiency, long term growth.