News Brief

Disaster in Texas: Here’s How Mastercard is Helping

February 23, 2021 | By Susan Warner

Nearly a week after an Arctic blast took hold across the country, millions of people are still under winter weather alerts and millions of homes remain without water. As of Monday, about 13,000 customers in Texas remained without electricity and about 10 million people statewide were still without safe drinking water. 

The emergency started last week after a rare bout of freezing cold temperatures, snow and ice arrived in Texas and crippled many of the state’s basic services, especially the power grid. The outage also affected water treatment plants, which were forced to shut down. 

To help those who need emergency disaster relief assistance, Mastercard will donate $50,000 USD to the American Red Cross beyond our annual corporate commitment to support the organization’s disaster response, and will waive interchange fees with select organizations for 30 days, starting today (see list below). The American Red Cross is working around the clock to make sure people have a safe place to go and have access to critical resources like water.   

Please consider donating to the American Red Cross as well to support those in need. 

Charities:

Americares, American Red Cross, Doctors Without Borders, International Rescue Committee, Mercy Corps, Save the Children, World Vision, World Food Program USA. 

Susan Warner

Susan.Warner@mastercard.com | +1 (914) 249-1094

About Mastercard (NYSE: MA)

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

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