MasterCard (NYSE:MA) and the World Food Programme ( WFP) today announced a global partnership that will use digital innovation to help people around the world to break the cycle of hunger and poverty. The game-changing partnership will combine MasterCard’s expertise in electronic payments systems with WFP’s global reach among the world’s hungriest populations to meet the nutritional needs of the most vulnerable.
Ann Cairns, President of International Markets, MasterCard said: “MasterCard’s vision of a world beyond cash is the perfect partner for WFP’s vision of a world beyond hunger. Today we have committed to delivering a ground breaking partnership, which will ensure our Digital Food initiative will go on to meet the requirements of those who need it most around the world.”Alongside the “Digital Food” project, MasterCard will help WFP to create an enhanced online donation mechanism that will enable more people to donate through a wider variety of online payment methods. This enhanced online donation mechanism is part of an “Integrated Giving” platform that will allow brands to integrate donation mechanisms onto their products. Retailers can offer donations at checkout so customers can donate to WFP without having to leave the site. In addition, mobile applications or game developers will be able to offer options to support WFP right from within their applications or game. All donations will be tracked and credited to both the brand and the consumer, offering new opportunities for consumers and brands to work together and have a meaningful, measurable impact on the fight against hunger. Moreover, MasterCard has committed to use its marketing and brand capacity to help raise awareness and funds for WFP in several key markets. MasterCard has already carried out two fundraising campaigns for WFP, in Poland and in the Netherlands, raising tens of thousands of Euros for WFP’s operations around the world. About MasterCard Worldwide MasterCard (NYSE: MA), www.mastercard.com, is a global payments and technology company. It operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews , join the discussion on the Cashless Conversations Blog and subscribe for the latest news. About the United Nations World Food Programme WFP is the world's largest humanitarian agency fighting hunger worldwide. Each year, on average, WFP feeds more than 90 million people in more than 70 countries. Follow us on Twitter @wfp_media Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50406278&lang=en