i2c Completes MasterCard Switch Certification to Process Payment Cards in Mexico
Direct integration with Mexico domestic switch will accelerate implementations of prepaid, credit, debit and mobile payment programs for Mexican financial institutions and program managers
REDWOOD CITY, Calif. – Sept. 16, 2013 – i2c, Inc., a Silicon Valley-based provider of cloud payment processing and emerging commerce solutions, today announced that it has successfully completed all requirements for certification with MasterCard‘s Mexico Domestic Switch service (MxDS).
This development provides a direct connection between i2c’s global platform for payments and emerging commerce and MasterCard for the authorization, clearing and settlement of payment transactions in Mexico. The connection will provide financial institutions and program managers using i2c’s global platform with faster time-to-market within Mexico.
“The certification of i2c in Mexico supports MasterCard’s goal of ensuring that our partners have access to leading processing technologies. i2c’s global platform brings many new capabilities to the Mexican market which our clients can take advantage of to launch differentiated and more profitable payment products,” said Cesar Espinoza, senior business leader, New Business Development for MasterCard Mexico and Central America.
Miguel Cintron, vice president, Business Development at i2c comments, “Completion of this project underscores i2c’s commitment to the Mexican market. We look forward to working with MasterCard and issuers across Mexico to bring consumers payment products that are flexible, secure and equipped with the latest account features.”
About MasterCard
MasterCard (NYSE: MA),www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Conversations Blog and subscribe for the latest news.
About i2c Inc.
i2c is a global provider of highly-configurable payment and banking solutions. Using i2c's proprietary "building block" technology, clients can easily create and manage a comprehensive set of solutions for credit, debit, prepaid, lending and more, quickly and cost-effectively. i2c delivers unparalleled flexibility, agility, security and reliability from a single global SaaS platform. Founded in 2001, and headquartered in Silicon Valley, i2c's next-generation technology supports millions of users in more than 200 countries/ territories and across all time zones.
For more information, visit i2cinc.com and follow us at @i2cinc.
Media Inquiries:
Miguel Lira
Leader, Communications GeoNorth
MasterCard
Telephone: +52155.4337.0276
E-mail: Miguel_lira@mastercard.com
