"The challenge of corporate payments is not only the actual payment functionality, but also the ability to provide additional data that companies need in a format that they can integrate into their existing systems," said Steve Abrams, senior vice president of Corporate Payment Solutions, MasterCard International. "MasterCard's Smart Data onLine, currently in use in more than 10,000 corporations worldwide, is designed as much more than just a reporting tool."

"Corporations increasingly value SDOL as an integrated travel management system, with flexible interfacing capability to their ERP or accounting system, and an easy to implement internal authorization functionality. Above all, it enables corporate customers to reduce costs and boost productivity by better managing suppliers, monitoring spending at cardholder and management levels, generating reports, and integrating transaction data into their existing systems."

Commenting on the launch, Louis Caillon, Head of Cards & e-Commerce at Société Générale said, "MasterCard SDOL's capability to consolidate card activity reporting across multiple countries and issuers is a unique benefit for our multinational corporate customers." He added: "Multinationals are often served by multiple card issuers in the various countries where they operate. By issuing MasterCard Corporate cards and SDOL, we reinforce our position as a leading provider of solutions with the largest product line of the French corporate market."

Société Générale will also launch the Executive version of the MasterCard Corporate card, designed to meet the needs of senior managers and executives within its corporate customer organizations.