IT firm Mahindra Satyam on Monday said it has entered into a global alliance with MasterCard to set-up a testing center in Malaysia.
The center would provide support for global testing for MasterCard's business applications and intelligence, Mahindra Satyam said in a filing to the Bombay Stock Exchange.
The company's testing 'Center of Excellence' for MasterCard will support its effort around research and development and facilitate global collaboration, the filing added.
"Establishing this Center of Excellence connotes the beginning of a valued relationship with MasterCard," Mahindra Satyam Senior Vice President - Sales and Operations Lakshmanan Chidambaram said.
Through this collaboration, Mahindra Satyam intend to leverage its expertise of testing in credit card functionalities and automated process to enhance the customer and cardholders experience for MasterCard around the world.
Shares of Mahindra Satyam were trading at Rs 80.70 on the BSE, 2.74% from the previous close.