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Mastercard on Supporting Inclusive and Sustainable Urban Development by Expanding Its ‘City Possible’ Network

Originally published at mastercard.com. Mastercard ranked No. 5 on The DiversityInc Top 50 Companies for Diversity list in 2021.

 

Mastercard has continued to expand its support for addressing urban challenges and inequalities, working with city leaders and partners around the world, through the City Possible™ network and capabilities. The unique solutions now reach over 600 communities in more than 50 countries across six continents, helping to foster collaboration and co-creation, drive inclusive economic development, and build resilient communities.

City Possible, a partnership model pioneered by Mastercard, has grown from 16 founding members at launch three years ago to 310 city members and candidate cities. As well as welcoming new city members – such as Bogota, Colombia; the High Line in New York City; Nur-Sultan in Kazakhstan; the San Diego Cyber Center of Excellence; and The Smart City Association Italy formed of 38 cities across Italy – a number of industry and multilateral partners have also joined the network including the Inter-American Development Bank (IDB) and Citi.

Alongside this, 390 cities are leveraging Mastercard’s transit solutions, as the company takes an integrated approach to mobility to accelerate contactless payments on all forms of public transport. Mastercard is working with a range of partners across the ecosystem to deliver a consistent and seamless way to pay, whether it be buses, trains or micro-mobility such as bikes and scooters.

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