MasterCard Inc., the world's second-largest credit card network, has bought Orbiscom Ltd., for about $100 million.

However, Orbiscom's existing customers, which include leading financial institutions, will continue to receive support from MasterCard for current Orbiscom products.

Orbiscom is a Dublin, Ireland-based provider of enhanced B2C, B2B and P2P payment solutions to the global payments industry, primarily providing solutions based on its patented Controlled Payment Number technology.

The acquisition helps to build on MasterCard's inControl platform, which features advanced authorization, transaction routing and alert controls to help financial institutions create new payment offerings.