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MasterCard Launches Immediate Payment Service To Replace Checks

MasterCard recently introduced MasterCard Send, a personal payments system that speeds the process for sending money to and from individual debit and credit card accounts. The new system, Clarus Commerce CEO Tom Caporaso tells Forbes, will allow FreeShipping.com to deliver rebates and cash-back check quickly and seamlessly to subscribers, regardless of which debit card they’ve registered with the program.

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