MasterCard Reports Continued Online Debit Growth in Second Quarter of 2005

PURCHASE, NY – MasterCard International today reported strong global online debit activity during the second quarter, as debit continues to take share from cash and check as a preferred means of payment. The Maestro® brand mark now appears on 578.1 million cards worldwide, including 34.5 million MasterCard® debit cards, representing 5.9 percent growth versus the second quarter of 2004.

Merchant acceptance of MasterCard’s online debit programs also grew. As of June 30, 2005, consumers could make online debit point of sale purchases with their MasterCard debit or Maestro cards at over 9.2 million merchant locations globally. At the end of the second quarter, there were more than one million ATMs around the world accepting cards bearing the MasterCard, Maestro or Cirrus® logos.

“As the popularity of debit continues to increase, so too does MasterCard’s position as a leading global debit partner,” said Richard G. Lyons Jr., senior vice president, MasterCard International. “The combination of our worldwide online network, unsurpassed acceptance, and customer-centric business model continue to fuel the growth of our debit business and deliver added value to consumers, merchants and financial institutions.”

Strong Regional Results:

• MasterCard reported strong growth in processing of online debit purchase transactions in the United States during the quarter, increasing 313 percent over the second quarter of last year. As of June 30, 2005, the number of cards in the U.S. increased 11.3 percent to 47.1 million, including 32.7 million Debit MasterCard cards and 14.4 million Maestro cards. There were 383,000 ATMs in the MasterCard® ATM Network and 1.6 million merchant locations where these cardholders can make online debit point of sale purchases. No other online debit card is accepted at more U.S. merchant locations and ATMs than those bearing the MasterCard, Maestro or Cirrus logos.
• Maestro also experienced strong card growth in the second quarter in the South Asia, Middle East and Africa region, with a 41.7 percent increase to 34.9 million cards, including 0.2 million MasterCard debit cards that also bear the Maestro logo. Maestro purchase transactions over the same period totaled 24.4 million, yielding purchase volume of $1.8 billion. Gross dollar volume (GDV) for online debit activity in the region was $21.5 billion. GDV includes Maestro purchase volume and Maestro and Cirrus ATM volume.
• Issuance of cards bearing the Maestro brand mark increased 12.7 percent throughout Latin America to 82.6 million cards, including 1 million MasterCard debit cards that also bear the Maestro logo. Maestro purchase transactions for the second quarter reached 160.1 million, producing $3.5 billion in purchase volume. GDV for online debit activity in the region was $15.1 billion.
• Maestro cards in circulation in Europe grew to 257.4 million, a 1.7 percent increase over the same period in 2004. Maestro purchase transactions in Europe for this period approached 1.5 billion, producing purchase volume of $104.3 billion. GDV for online debit activity was $308.0 billion.
• In the Asia/Pacific region, the number of Maestro cards issued was 147.7 million at the close of the quarter, including 0.6 million MasterCard debit cards that also bear the Maestro logo. Maestro purchase transactions totaled 134.4 million, while purchase volume registered at $7.8 billion. GDV for online debit activity in the region was $27.7 billion.