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ComputerWorld: MasterCard completes payment-processing system

Lucas Mearian reports that MasterCard will announce tomorrow the completion of a new payment-processing system.

The peak shopping season, which began Nov. 15 and runs through Jan. 6, will top off a record year with more than $1 trillion in MasterCard transactions, according to Jerry McElhatton, senior executive vice president of global technology and operations at Purchase, N.Y.-based MasterCard.

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