MasterCard-Internet link

JAKARTA (JP): MasterCard announced yesterday that both credit and debit cardholders will soon be able to make purchases over the Internet.

"We are now developing a system that will enable MasterCard holders safely and efficiently to pay for what they buy over the Internet. Hopefully, it will be completed early next year," Paul Confrey, vice president of MasterCard International's Interactive Marketing told reporters at the Regent Hotel yesterday.

MasterCard has concluded from a study that, in the future, people will prefer shopping over the Internet.

MasterCard International Incorporated, a global payment franchise company with headquarters in New York city and offices in 20 countries. (jsk)