Article: MasterCard Dedicates Added Resources to Extend Global Debit Leadership to North America; New North American Leadership Team Assembled to Leverage Global Debit Brand Assets.

Business Editors

PURCHASE, N.Y.--(BUSINESS WIRE)--Sept. 26, 2002

MasterCard International, a global leader in debit, today said that it is dedicating significant new resources to extending that leadership to the growing North American debit arena.

MasterCard will leverage its portfolio of leading debit brands, including MasterCard(R), Cirrus(R) and Maestro(R), and its new team of North American financial industry experts to provide issuers with innovative, value-added debit solutions.

Debit continues to be the fastest growing payment card industry, growing at twice the pace of credit, as consumers switch from cash and checks to using ...

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