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The World’s Most Expensive Plate of Food

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The differences with the rich world are stark. Take New York State, the baseline for the Counting the Beans: the True Cost of Food around the World. There, a simple plate of food such as a bean stew costs US$1.20 to make. This represents 0.6% of average daily income. By contrast, in South Sudan, the worst-ranking country in the study, a plate of food costs 268 times this ratio, or the equivalent of $321.70. The study also calculates the percentage of average daily income it takes in each given country to purchase a simple plate of food. The ... Read More »

Mastercard Start Path Global Startups Forecast a Fintech Future

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The program is open to startups who are rethinking banking and payments and have raised a significant seed or Series A round of investment. “Fintech startups around the world are designing a digital future,” said Amy Neale, Vice President, Mastercard Start Path. “They’re bringing a different approach to enhance customer choice and experience across the industry. Our work with these startups helps connect new technology with reliable, secure financial networks and processes to create an even more rewarding and seamless commerce experience.” ... Read More »

Startup Canada et MasterCard s’associent pour encourager l’innovation économique

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 Startup Canada (en anglais), la communauté nationale qui rassemble les 2,3 millions d’entrepreneurs canadiens et s’exprime en leur nom, a annoncé aujourd’hui la participation de Mastercard en tant que partenaire national pour encourager la réussite des entreprises en démarrage et des petites entreprises du Canada. Mastercard intégrera son expertise en innovation et en technologie de paiements à la programmation 2017 de Startup Canada afin de favoriser la croissance et la réussite des entreprises en démarrage et des petites entreprises du Canad... Read More »

Mastercard and Boingo Wireless Join Forces to Bring Unlimited Wi-Fi Access around the World

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The Wi-Fi service is now available for select HSBC Mastercard cardholders in Argentina, China, Hong Kong, Malaysia, Singapore, United Arab Emirates and the U.K. at no additional cost. As a result, these cardholders have the potential to save hundreds of dollars each year on roaming charges and subscriptions when accessing Wi-Fi hotspot locations in airports, hotels, restaurants and cafes, inflight and more. Travel—and connectivity while traveling—is an increasing priority among people around the world. On the ground, more than half of the we... Read More »

You Can’t Put a Price on Love…Especially When it Comes to Valentine’s Day

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If you still haven’t picked up something special for your loved one – you’re not alone. Data showed the majority of Valentine’s purchases happen during a last-minute dash on February 13th, with 47.4 million transactions that day alone over the past three years. Recent years have shown that the stomach is increasingly the way to one’s heart, with spending in restaurants soaring by 102 percent since 2014. “While the way we say I love you might have changed in recent years, showing someone you care on February 14 is more popular than ever. T... Read More »

Mastercard Introduces the Masterpass #ThankTheFans House To Build Excitement for the GRAMMY Awards®

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To build excitement for Music’s Biggest Night®—the 59th Annual GRAMMY Awards®, the Masterpass #ThankTheFans House will take up residence at Gibson Brands Sunset (formerly Tower Records), delivering a one-of-a-kind experiential record store with interactive music experiences for all fans. Masterpass users will have exclusive access to shop for rare and unique vinyl for just $10*, as well as early access to intimate evening performances. This builds to the excitement of GRAMMY night where Mastercard will unlock special offers for those tuned in t... Read More »

Mastercard and Gilead Sciences to Explore Digitized Healthcare Model in Resource Limited Setting

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The Mastercard Aid Network is a non-financial digital solution that helps facilitate the distribution and tracking of aid funds. Organizations such as World Vision and Save the Children have successfully used this technology for emergency and ongoing humanitarian relief efforts in the Philippines and Yemen. The collaboration with Gilead is the first instance where the closed-loop, points-based Mastercard Aid Network would be used in a healthcare context. An estimated 150 million people worldwide are infected with hepatitis C, with the vas... Read More »

Mastercard Statement on Decision of the UK Competition and Markets Authority

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We’re pleased to have the opportunity to address their one concern, regarding the LINK ATM scheme, in the timeframe provided. This acquisition promises to bring greater choice and innovation to the payment ecosystem, enabling people, governments and businesses to pay the way they want to pay. ... Read More »

Mastercard Gets in the Giving Spirit with Support for Stand Up To Cancer

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See a Movie, Make a Difference When the family has had enough of holiday shopping, take some time out for a movie and help make a difference at the same time. Beginning November 25, 2016, when moviegoers use their U.S. Mastercard in Masterpass to purchase movie tickets on Fandango or in the Fandango app through December 31, 2016, Mastercard will donate $10 for each transaction to Stand Up To Cancer, up to a total of $500,000. Masterpass is a digital payment service from Mastercard that enables consumers to look no further than their own tru... Read More »

Android Pay now available to Mastercard cardholders in Poland

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Poland is the first country in Central and Eastern Europe region and the second country in Europe (after the UK) to roll out the Google service. On the launch date, Android Pay is available in Poland to the holders of Mastercard cards issued by Alior Bank, T-Mobile Banking Services and Bank Zachodni WBK. Other banks will be successively deploying the Google service. “Our MDES technology, enabling Android Pay, provides Mastercard cardholders with convenience and security. We are happy that Google has chosen Poland as the second European marke... Read More »

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