June 21, 2004
BENTONVILLE, Ark. and PURCHASE, NY, June 21, 2004 -- Wal-Mart customers will again be able to use MasterCard
signature debit cards at all store locations, effective immediately, following a recent agreement between the two
companies.
"Today’s announcement is a win for our customers," said Mike Cook, Wal-Mart’s vice president and assistant
treasurer. "We try to represent the best interest of our customers everyday, and we are glad we could accomplish
this goal with our agreement with MasterCard."
In addition to MasterCard signature debit cards, Wal-Mart will continue to accept all other MasterCard payment
products, including credit, PIN debit, and corporate cards.
"Millions of MasterCard cardholders around the world count on the convenience, utility and security of their
MasterCard cards," said Fred Gore, senior vice president of Acceptance at MasterCard. "Today’s announcement with
Wal-Mart underscores one of the most important elements of a business alliance -- giving consumers as much choice
as possible."
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