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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Mastercard : Introduces Accessible Card for Blind and Partially Sighted People

10/25/2021 | 07:21pm EST

2.2 billion people around the world have visual impairments

Unique notches on the Touch Card’s short side allow the person to distinguish it between a credit, debit or prepaid card

Mastercard extends its commitment to inclusivity by introducing a new accessible card standard for blind and partially sighted people, called the Touch Card. There are few effective ways for the visually impaired to quickly determine whether they're holding a credit, debit or prepaid card, particularly as more cards move to flat designs without embossed name and numbers. Mastercard is addressing this challenge with a simple yet effective innovation.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211025005836/en/

Mastercard Touch Card (Photo: Business Wire)

Mastercard Touch Card (Photo: Business Wire)

“The Touch Card will provide a greater sense of security, inclusivity and independence to the 2.2 billion people around the world with visual impairments,“ says Raja Rajamannar, chief marketing and communications officer. “For the visually impaired, identifying their payment cards is a real struggle. This tactile solution allows consumers to correctly orient the card and know which payment card they are using.”

With the new Touch Card, Mastercard has improved upon a current design standard by introducing a system of notches on the side of the card to help consumers use the right card, the right way, by touch alone. The new Touch Card credit cards have a round notch; debit cards have a broad squarish notch; and prepaid cards have a triangular notch. The standard has been designed to work with point-of-sale terminals and ATMs, ensuring it can be deployed at scale.

Mastercard’s concept has been vetted and endorsed by The Royal National Institute of Blind People (RNIB) in the U.K. and VISIONS/Services for the Blind and Visually Impaired in the U.S. The card was co-designed by IDEMIA, the global leader in Augmented Identity, providing trusted solutions in the physical as well as digital space.

“As the banking industry responds to new trends and developments, it’s critical that any innovation brings progress for everyone, including those with a visual impairment,” says David Clarke, RNIB’s director of services. “We’re very pleased that Mastercard understands how important it is that blind and partially sighted people have equal and independent access to their own finances.“

“Innovation should always be driven by the impulse to include,” adds Rajamannar, who is also the company’s Healthcare president. “With one in seven people experiencing some form of disability, designing these products with accessibility in mind gives them equal opportunity to benefit from the ease and security of a digital world. No one should be left behind.”

Mastercard has been embedding its signature melody at checkout counters worldwide, a signal to everyone – the sight impaired in particular – that their card transaction has gone through successfully.

Mastercard’s launch of the Touch Card underscores its commitment to inclusivity. It follows the introduction of True Name™, designed in support of the transgender and non-binary communities. The company’s commitment as a brand is to not only stand against inequity but to be an agent for change.

About Mastercard (NYSE: MA)

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

ę Business Wire 2021
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Sales 2021 18 848 M - -
Net income 2021 8 436 M - -
Net Debt 2021 5 627 M - -
P/E ratio 2021 38,1x
Yield 2021 0,52%
Capitalization 319 B 319 B -
EV / Sales 2021 17,2x
EV / Sales 2022 14,2x
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Free-Float 61,8%
Duration : Period :
MasterCard Technical Analysis Chart | MA | US57636Q1040 | MarketScreener
Technical analysis trends MASTERCARD
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
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Last Close Price 324,17 $
Average target price 430,70 $
Spread / Average Target 32,9%
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Michael E. Miebach President, Chief Executive Officer & Director
Sachin J. Mehra Chief Financial Officer
Ajaypal S. Banga Executive Chairman
Edward McLaughlin President-Operations & Technology
Timothy H. Murphy Chief Administrative Officer
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