MasterCard Incorporated, is a technology company in the global payments industry. The Company connects consumers, financial institutions, merchants, governments and businesses worldwide, enabling them to use electronic forms of payment instead of cash and checks. It facilitates the processing of payment transactions, including authorization, clearing and settlement, and deliver related products and services. The Company�s family of brands includes MasterCard, Maestro and Cirrus. It also provides offerings, such as loyalty and reward programs, information services and consulting. It provides transaction processing and a range of payment-related products and services to enable the design, packaging and implementation of its products and programs. Effective July 1, 2014, MasterCard Inc acquired Pinpoint Pty Ltd, a Sydney-based of loyalty and reward programs.