Mastercard donates $4 m to Stand Up to Cancer

Monday 4 January , 2021

• CSR
• news

Mastercard announced donating $ 4 million to Stand up To Cancer (SU2C) in 2020 under a program – which it launched – linking the company’s donations to customers’ use of the card.

Mastercard stressed its commitment to unlocking the power of giving and are proud to announce that through the help of generous cardholders.

This year, with consumers spending increasingly online and seeking touch-free payments in-store, Mastercard launched a program where every time cardholders used their Mastercard to make online purchases or tap in-store at qualifying grocery stores, drug stores, restaurants, as well as for transit, Mastercard made a donation up to $4 million to SU2C.

“Together we are proving that despite this unprecedented year, we have the power to give back and further the impact SU2C can make. With the help of millions of cardholders, Mastercard has donated over $55 million SU2C over the past 11 years, helping deliver breakthroughs in clinical trials and get new treatments to patients quickly to save lives now,” Mastercard said a press release.

“We are thankful to everyone who participated and are excited to keep the spirit of giving going. Now until the end of the year, for every $1 donation made with a Mastercard through StandUpToCancer.org, Mastercard will donate an additional $3, up to $1 million to support SU2C’s collaborative cancer research programs and help their goal to make every cancer patient a long-term survivor.”

“Additionally, our recently expanded digital giving platform – Mastercard Donate – enables consumers to round up their everyday spend to the nearest dollar for donations to SU2C and other charities of their choice. Visitors to the site can already make one-time and recurring donations, but now through this expanded roundup feature, cardholders can convert their Mastercard to give back and create positive change every day.”