Company Profile For MasterCard Incorporated

MasterCard Incorporated (MasterCard) is a global payment solutions company that provides a variety of services in support of the credit, debit and related payment programs of over 24,000 financial institutions and other entities that are its customers. Through its three-tiered business model as franchisor, processor and advisor, the Company develops and markets payment solutions, process payment transactions, and provides support services to its customers and, depending upon the service, to merchants and other clients. It manages a family of payment card brands, including MasterCard, MasterCard Electronic, Maestro and Cirrus, which it license to its customers. The Company conducts its business principally through MasterCard Incorporated’s principal operating subsidiary, MasterCard International Incorporated (MasterCard International). In December 2008, it acquired Orbiscom Ltd., a payments solutions software provider for financial institutions.

BRIEF: For the nine months ended 30 September 2009, MasterCard Incorporated's revenues increased 1% to $3.8B. Net income available to common totaled $1.16B vs. a loss of $489.8M. Revenues reflect an increase in pricing, higher number of transactions processed and a decrease in rebates & incentives. Net income reflects a decrease in general & administrative expenses, lower advertising expense and a significant decrease in litigation settlements.