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Beyond the Transaction: Every Transaction Has a Story

MasterCard Responds to Hurricane Sandy

Since daybreak on Tuesday, we have witnessed the massive and widespread devastation of Hurricane Sandy. Story after story has emerged of destruction, loss and true heroism.  It’s safe to say that based on the size of this week’s storm, the devastation left in its path has impacted someone that each of us knows – even more so for those near our Purchase, NY headquarters.  It is a storm we will never forget.

It is estimated that more than six million homes in these areas are without power, in addition to the Caribbean countries impacted earlier in the storm’s path.  Some of our cardholders, customers, colleagues, neighbors and family members have suffered significant damage to their homes. Efforts to clear vital public services and restore power and transit are expected to continue for the next couple weeks, leaving many in the impacted areas to rely on support from charitable organizations.

This week’s challenges provide us an opportunity to come together as an organization to help and support the communities where we live and work.  To help with relief efforts, MasterCard has donated $300,000 to the American Red Cross.  We are also double-matching contributions made by our employees to a number of organizations that are actively providing disaster relief.

In addition, we will waive interchange for U.S. transactions/donations made to the list of charities below from November 1 – 30.  We also will donate any revenue that we realize from these transactions to the rebuilding efforts.

Together with your help we can speed recovery efforts and help people get back on their feet.