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A way for corporations to pay for travel-related expenses from a single centralized account held by the Travel Management Companies. The result is a convenient solution delivering consolidated, transparent and enhanced data to drive tighter control over travel budgets.

How does Mastercard CTS work?

  1. Employees book travel through a centralized account held by your trusted travel management company.
  2. The financial information for each booked transaction flows from the standard clearing process into the Mastercard Global Data Repository.
  3. The information is matched to the enhanced data provided by the travel management company or other merchants.
  4. The transaction files are then delivered to the relevant expense reporting, general ledger, or enterprise resource planning tool, while the issuer delivers the statement information.

Enhanced data

Mastercard CTS provides a seamless consolidation of enhanced transactional data, in addition to traditional financial information which helps obtain a complete view of travel expenditure. This empowers companies to make more informed business decisions, improve reconciliation, program compliance, accounting support, and program management.

Advance reporting and analysis

Mastercard CTS utilizes Mastercard Smart Data, an expense reporting, and management platform. Pre-formatted travel data can be sent directly to your accounting system or Mastercard smartdata.gen2™, the web-based expense reporting analysis solution.