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Following the unprecedented rainfall in Libya on September 10th that caused the collapse of two major dams, Mastercard will donate $200,000 to the International Federation of Red Cross and Red Crescent Societies (IFRC) to strengthen Libyan Red Crescent’s first aid response.
Anonymized spending trends and other data helps refugees pinpoint smaller communities where they could thrive after the upheaval of war.
Three social impact and tech organizations joined forces to power data insights that can boost the economic resilience of these vulnerable entrepreneurs.
We have worked with our corporate security team and people and capabilities team to ensure the safety and well-being of our employees and their families and will continue to support them during this difficult time.
In Ukraine, digital payments have become mainstream with 60% of payments with Mastercard cards being made digitally today, a testament to the country's innovative spirit. This trend is not new, and it has been evolving considerably.