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Welcome to the Mastercard Policy Center of the Digital Economy

September 27, 2021  l  By PCDE

 

Welcome to the Mastercard Policy Center for the Digital Economy (PCDE), Mastercard’s external platform dedicated specifically to advancing and leading dialogue on critical public policy issues around the world. 

Our mission is to build a permanent community of stakeholders through participation in joint research, public-private partnerships, capacity building and campaigns that drive a unified approach to shaping the future of the digital economy.  These efforts are centered around a set of core principles that we believe are the foundation for realizing the full potential of the digital economy and ensuring that it works for everyone, everywhere.

Our Principles:

  1. Foster an open, competitive and innovative digital payments ecosystem for consumers, businesses, governments, financial service providers and networks where international and local providers can compete, collaborate and complement each other

  2. Optimize digital transactions based on choice, convenience, trust and the appropriate and fair distribution of costs and benefits among participants in the digital transactions ecosystem

  3. Prioritize interoperability and governance to ensure trust, reliability and ubiquity of access across all transaction types

  4. Promote the importance of cross-border data flows that keep individuals and their rights at the center of the product design and innovation processes

  5. Encourage public-private sector collaboration to accelerate innovation that is enabled by policy and regulation focused on trust, fairness, transparency and the responsible development and use of new technologies
      
  6. Embrace the Shared Principles for an Inclusive Financial System

  7. Deliver on the promise of security and privacy by design

We look forward to the journey ahead and hope that you will join us in navigating this era of unprecedented technological transformation.

We welcome feedback, further insights and ideas for collaboration.  Please do not hesitate to contact us at PCDE@mastercard.com.

Thank you, The PCDE Team