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HypoVereinsbank and Mastercard partner for donation scheme

Wednesday 20 October 2021 09:00 CET | News

Germany-based financial institution HypoVereinsbank has announced taking part in a joint initiative by Mastercard and the UN World Food Program (WFP) to provide children in need with school meals.

From 1 September until 30 September 2021, HVB supported a Corporate Social Responsibility campaign by Mastercard in favour of the WFP. During this period, WFP received a donation equal to one school meal for every payment made by HVB cardholders with Mastercard. The campaign secured a total of more than 1 million school meals.

The UniCredit Group, to which HVB belongs, had already successfully supported the WFP in Italy with Mastercard. According to a Mastercard Central Europe representative, the project relies on their network with partners such as HypoVereinsbank and their cardholders to support the cause.


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Keywords: partnership, Corporate Social Responsibility, Mastercard, payment processing
Categories: Banking & Fintech | Online & Mobile Banking
Countries: Germany
This article is part of category

Banking & Fintech