Mastercard empowers 600,000 charitable beneficiaries

Having set out to deliver social impact in Jordan, Mastercard says online donation platform has reached at least 600,000 direct beneficiaries over the past two years.

In a statement on Monday, it said, a Crown Prince Foundation’s initiative was seed-funded and powered by Mastercard through partnering banks.

Since its launch in 2018, Mastercard stated that the platform had raised over $4.6m in donations, enabling it to engage with more than 100 projects delivered in local communities.

It explained that during the COVID-19 lockdown, played a key role in relief efforts by facilitating donations from companies and individuals.

“Mastercard has always considered its technology and innovation capabilities central to its ability to doing well by doing good. Our partnership with started four years ago when we made an impact investment to ‘Start Something Priceless’ – the build of a technology platform that today is benefiting hundreds of thousands of people in Jordan.

“Together, through collective action and continued investment in technology, we are developing more resilient communities that are stronger than before,” said Cluster Manager for Levant at Mastercard, Ramzy Al Amary.

Ehime Alex
Ehime Alex
Ehime Alex reports the Capital Market, Energy, and ICT. He is a skilled webmaster and digital media enthusiast.

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