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Data Responsibility Principles

Mastercard has developed six principles that will guide our own practices as we continue our journey as responsible data stewards. We believe these principles can serve as a guide for like-minded organizations.

Security & Privacy
Companies must uphold best-in-class security and privacy practices

Transparency & Control
Companies should clearly and simply explain how they collect, use and share an individual’s data and give individuals the ability to control its use

Companies must keep consumer interests at the center of their data practices

Companies must be deliberate in how they use data in order to minimize biases and unintended consequences

Companies should be constantly innovating to ensure individuals benefit from the use of their data through better experiences, products and services

Social Impact
Companies should use their information to identify needs and opportunities to make a positive impact on society

1. Mastercard-commissioned survey, August 2019

2. “Data Collaboration for the Common Good,” World Economic Forum, 2019