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MasterCard Canada Team Member Wins ACT Canada’s 2008 Champion’s Award

Jeff Stroud named Payments Industry Champion

TORONTO, October 27, 2008 – MasterCard Canada is pleased to announce that Jeff Stroud, Director, Advanced Payments, has won ACT Canada’s 2008 Champion’s Award. Founded in 1997, the Champion’s Award is awarded to individuals who have had a significant impact in expanding the Canadian payments industry.

“It is a great pleasure to be given this prestigious award,” says Jeff Stroud, Director, Advanced Payments, MasterCard Canada. “It’s an exciting time for electronic payments in Canada, and I am proud to be able to work with some of the brightest minds in the industry.”

“Jeff has helped to lead the industry with the introduction and continued integration of chip and PIN technology in Canada,” says Catherine Johnson, President and CEO, ACT Canada. “It was my pleasure to present this year’s Champion’s Award to Jeff – truly, this award is a reflection of his leadership and dedication to the payments industry.”

“We are extremely proud of Jeff and his contributions,” says Kevin Stanton, President, MasterCard Canada. “Leading innovation is a priority for MasterCard Canada, and we take great pride being able to share our experts and their knowledge with the industry in order to move electronic payments forward in Canada.”

With over 17 years of payments industry experience, Mr. Stroud is easily one of the most recognized industry experts on chip technology. For the last two years, he has been involved with MasterCard Canada’s migration to chip technology.

Mr. Stroud holds a Bachelor of Arts degree in Mathematics for Commerce from York University and a Programmer Analyst diploma from Honeywell Institute for Continuing Studies. Mr. Stroud currently holds the designation of Certified Information Systems Security Professional (CISSP).

About MasterCard Worldwide
MasterCard Worldwide advances global commerce by providing a critical economic link between financial institutions, businesses, cardholders, and merchants worldwide. As a franchisor, processor, and advisor, MasterCard develops and markets payment solutions, processes close to 18 billion payments each year, and provides industry-leading analysis and consulting services to financial institutions, customers, and merchants. Through its family of brands, including MasterCard®, Maestro®, and Cirrus®, MasterCard Worldwide serves consumers and businesses in more than 210 countries and territories. For more information, go to www.mastercard.com.

Contact:

Julie Wilson
416-365-5594
Julie_Wilson@mastercard.com