Product innovation continues with Mastercard

Park’s approval as a licensed Mastercard issuer will support further new product initiatives and is a useful third-party vote of confidence in the robustness and security of Park’s systems. However, Park is a story of continual innovation and transformation, driven by e-commerce investment, aimed at better meeting the needs of a broadening customer base. The strategy has built a solid record of sales, profits and dividend growth, which we expect to continue, funded by a cash-generative business model with a debt-free balance sheet.