MasterCard International has the most comprehensive portfolio of payment brands in the world. MasterCard and Concur deliver Web-based corporate financial solutions and expense management solutions to MasterCard's member financial institutions. These Web-based offerings cover transactions such as travel and entertainment, purchasing/procurement, fleet and telephony. The combined efforts of MasterCard and Concur allows customers to identify spending trends and harness potential cost savings and enables corporations to make better financial decisions based on timely and accurate information. And, the alliance of MasterCard and Concur will assist member bank clients doing business globally, with benefits such as unsurpassed global acceptance, superior cash management, extensive business and travel services, as well as comprehensive VAT reclamation.