PURCHASE, N.Y., March 11, 2011 – MasterCard Worldwide announced that it will waive interchange fees on Japanese relief donations that are made using U.S. issued MasterCard cards to the following organizations: The American Red Cross, The International Rescue Committee, AmeriCares, Save the Children and Doctors without Borders. In addition to waiving fees, MasterCard will also donate revenues generated by charitable contributions made to these organizations through May 15, 2011. MasterCard will continue to update its response to the disaster on our website as more information becomes available.
About MasterCard Worldwide
As a leading global payments company, MasterCard Worldwide prides itself on being at the heart of commerce, helping to make life easier and more efficient for everyone, everywhere. MasterCard serves as a franchisor, processor and advisor to the payments industry, and makes commerce happen by providing a critical economic link among financial institutions, governments, businesses, merchants, and cardholders worldwide. In 2010, $2.7 trillion in gross dollar volume was generated on its products by consumers around the world. Powered by the MasterCard Worldwide Network – the fastest payment processing network in the world – MasterCard processes over 23 billion transactions each year and has the capacity to handle 160 million transactions per hour, with an average network response time of 130 milliseconds and with 99.99 percent reliability. MasterCard advances global commerce through its family of brands, including MasterCard®, Maestro®, and Cirrus®; its suite of core products such as credit, debit, and prepaid; and its innovative platforms and functionalities, such as MasterCard PayPass™ and MasterCard inControl®. MasterCard serves consumers, governments, and businesses in more than 210 countries and territories. For more information, please visit us at www.mastercard.com. Follow us on Twitter: @mastercardnews.
Media Contacts: Jim Issokson, MasterCard Worldwide, 914-249-6286, email@example.com
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