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 i2c, Inc.

From its Silicon Valley headquarters, i2c provides the infrastructure financial institutions, corporations, brands and governments around the world need to launch and profitably manage payment and next-generation commerce products. i2c’s global, cloud-based platform supports virtually any prepaid, debit or credit program in plastic, virtual or mobile form. Clients on six continents use the i2c platform to build profitable, differentiated payment products and services that meet unique customer needs. For more information go to www.i2cinc.com.

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.

Contacts

Melissa Telli
Director of Marketing and Communications
i2c, Inc.
Telephone: +1 650-593-5400
E-mail: marketing@i2cinc.com

Miguel Lira
Leader, Communications GeoNorth
MasterCard
Telephone: +52155.4337.0276
E-mail: Miguel_lira@mastercard.com