Score of 87.3/100 qualifies for PaymentCheck Certification
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2025 - 31 Dec 2025 | 29 Jan 2026 | 21 | 87% | 12% | 1% | 35% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 20 | 96% | 3% | 1% | 25% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Jan 2025 | 18 | 98% | 2% | 0% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Aug 2024 | 16 | 97% | 3% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 11 Jan 2024 | 17 | 98% | 2% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 14 Jul 2023 | 17 | 95% | 5% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 19 | 98% | 0% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 13 Jul 2022 | 18 | 96% | 4% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 17 | 98% | 2% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 04 Aug 2021 | 17 | 99% | 1% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 16 | 99% | 1% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 03 Aug 2020 | 17 | 99% | 1% | 0% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 17 | 99% | 1% | 0% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 21 | 80% | 20% | 0% | 19% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 18 | 94% | 6% | 0% | 25% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 19 | 93% | 7% | 0% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Mastercard global terms are payment should be made within 45 days of receipt of invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Some invoices with one high value supplier were on hold for an extended period due to missing information. This has since been cleared but included as part of late payment.
Maximum contractual payment period agreed
45
Under Mastercard’s standard terms, all undisputed and compliant invoices are paid in accordance with the agreed payment terms. In the event Mastercard disputes the amounts specified in any invoice, the supplier agrees to enter into good faith discussions to resolve any discrepancy or misunderstanding associated with such amounts (and also provide reasonable supporting documentation upon request).
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
MASTERCARD PREPAID MANAGEMENT SERVICES LIMITED is a financial services company that offers prepaid card solutions to individuals and businesses. They are committed to sustainability and have implemented various initiatives to minimize their environmental impact.
Their range of products and services include prepaid cards for travel, gifting, rewards, and payroll. These cards offer convenient and secure payment options for customers, while also providing businesses with cost-effective solutions.
The key people at MASTERCARD PREPAID MANAGEMENT SERVICES LIMITED include their CEO, CFO, and other members of the executive team who bring years of experience in the financial industry. They also have a dedicated team of customer service representatives who are available to assist clients with any queries or concerns.
The company's sustainability program focuses on reducing their carbon footprint through energy-efficient practices, waste reduction, and responsible sourcing. They also partner with organizations that promote environmental conservation and social responsibility.
MASTERCARD PREPAID MANAGEMENT SERVICES LIMITED is headquartered in London, United Kingdom and can be contacted through their website, which also provides information on their products and services. Their registered office address is 10 Upper Bank Street, Canary Wharf, London, E14 5NP, United Kingdom.
In summary, MASTERCARD PREPAID MANAGEMENT SERVICES LIMITED is a leading financial services company with a commitment to sustainability. They offer a variety of prepaid card solutions and have a team of experienced professionals dedicated to providing excellent customer service.
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