Mastercard Ranks at Fortune’s 2020 Change the World List

October 8, 2020 | HONG KONG

Mastercard is once again named in Fortune magazine’s Change the World list this year, which ranks companies that use the creative tools of business to help the planet and tackle society's unmet needs. Now on its sixth year, Fortune has placed Mastercard in the 14th spot in its 2020 ranking – its fourth inclusion, continuing the company’s string of appearances in the list’s top 15. Fortune has cited Mastercard’s major contribution in accelerating the digital economy as well as the company’s goal of financial inclusion for 1 billion people by 2025 as a few of this year’s highlights.

Fortune’s feature article emphasized that Mastercard has played a significant role in boosting tech- enabled trends such as e-commerce and digital payment amid the coronavirus pandemic. “Mastercard has been a huge stakeholder in this ongoing transformation – and has played a major role in making sure its benefits reach people in the developing world,” according to Fortune. The magazine also featured programs such as the Mastercard Farmer Network, a digital marketplace that provides access to buyers and pricing transparency for nearly 500,000 small farmers across Africa and India, as well as Kupaa, a program launched in Uganda to help lower-income people overcome financial obstacles to education.

The recognition reflects Mastercard’s commitment to its mission of “Doing Well by Doing Good” and its role as one of the most influential businesses and organizations using creative solutions to help the planet and our global community. Mastercard consistently strives to build a more inclusive and sustainable digital economy, create new technology solutions, leverage its trusted network, and forge powerful partnerships to address major societal and environmental challenges.

About Mastercard (NYSE: MA),

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.