MasterCard system offers full transaction visibility_2
7 September 2012
Purchasing cards are set to be used more widely and for higher-value purchases following a launch by MasterCard and Burns e-Commerce Solutions.
The two companies have jointly developed technology that enables card issuers to produce line-by-line detail of card transactions, regardless of whether the merchant has point-of-sale technology linked to back-office systems.
Until now, detailed card statements listing all goods purchased within a transaction have been possible only where the merchant has...