MasterCard accused of jeopardising consumer privacy

Criticised for selling transaction data

MasterCard has been criticised for its plans to sell card transaction data to retailers and corporations. Its Advisors Media Solution takes card and transaction data and repackages it for data mining purposes. The group currently only operates in the States, but the UK press has also raised concerns regarding consumer privacy and the motives of the group.

MasterCard’s global privacy and data protection officer, Jo Ann Stonier, has repeatedly claimed that “MasterCard never collects, discloses or uses personally identifiable data, such as cardholder name and address, in its products.”

Visa and American Express also have similar programmes.

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