{"id":760614,"date":"2023-05-26T05:40:01","date_gmt":"2023-05-26T09:40:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/unicredit-and-mastercard-expand-payments-partnership\/"},"modified":"2023-05-26T05:40:01","modified_gmt":"2023-05-26T09:40:01","slug":"unicredit-and-mastercard-expand-payments-partnership","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/unicredit-and-mastercard-expand-payments-partnership\/","title":{"rendered":"UniCredit and Mastercard Expand Payments Partnership"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>UniCredit and Mastercard Expand Payments Partnership<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><i>Unprecedented commitment, first of its kind in Europe<\/i><\/li>\n<li><i>Agreement extends to 13 banks in 12 markets across all card products, totaling 20 mln cards<\/i><\/li>\n<li><i>Focus on accelerating innovation and enhanced customer experience<\/i><\/li>\n<\/ul>\n<p>MILAN&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nUniCredit and Mastercard today announce a global expansion of their payment partnership.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230526005126\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230526005126\/en\/<\/a><\/p>\n<p>\nThe agreement sets the stage for the start of a strong partnership consistent with the UniCredit Unlocked strategy. This is the first time any large commercial bank has put in place a single card multi market strategy of this scale in Europe. It brings together in one agreement UniCredit\u2019s ability to harness the collective weight of 13 banks as one institution with Mastercard\u2019s expertise in the card payment space. The significant broadening of the parties\u2019 relationship will deliver payment innovation and enhanced digital experiences to customers.<\/p>\n<p>\nThis enhanced multi-year partnership provides the necessary resources to achieve a shared ambition to increase the speed of innovation in the payments space and put customers at the center. It enables UniCredit to provide a best in class offering for all its cardholders, delivering a simplified core product proposition, optimized digital experience with a full suite of in-app solutions and the development of a dedicated approach for innovation, increasing payment choice to customers, across multiple payments rails.<\/p>\n<p>\nBoth parties\u2019 commitment to increase their tangible actions across environmental and social sustainability will also be enhanced through this partnership. Insight and resources will be combined with a particular focus on the implementation of new projects on common ESG goals, developing solutions to support empowering communities to progress, fighting climate change with mindful spending choices and the ability to contribute tangibly to environmental goals, integrating donations in the everyday spend.<\/p>\n<p>\nThis agreement is a clear example of the execution of the UniCredit Unlocked plan, uniting 13 banks to deliver value for UniCredit stakeholders in a capital-light manner, taking opportunities from European DNA but working as a unified group. It is the most immediate manifestation of the potential within payments, which UniCredit is focused on to further extract value in terms of product simplification, cost synergies and digital transformation.<\/p>\n<p>\nThe partnership will focus on supporting the delivery of the UniCredit\u2019s strategic priorities. This includes digitalization of payments solutions, offering multi functioning solutions with a fully equipped card. It aligns with UniCredit\u2019s brand attributes to build increased preference and loyalty across the consumer lifecycle, enriching bank wide opportunities thanks to Mastercard\u2019s strong award-winning Priceless brand platform and sponsorship marketing assets.<\/p>\n<p>\n\u201cThis partnership epitomizes the essence of UniCredit Unlocked and our commitment to leverage the full impact of our multi market footprint as one complete offering for the benefit of our clients,&#8221; said Andrea Orcel, CEO, UniCredit. &#8220;Our geographical reach and Mastercard\u2019s expertise in this space enables us to not only streamline our partnerships and contracts, but enhance our digital, security and product offering for all our current and future cardholders. This is a perfect example of the new way of managing projects in UniCredit, bringing benefits to all legal entities in a disciplined way and acting as a single company.\u201d<\/p>\n<p>\n\u201cUniCredit has been an important partner for many years. Together we have created real solutions that help people and businesses across Europe. This expanded relationship will build on that experience to bring new innovations to UniCredit cardholders,\u201d said Michael Miebach, CEO, Mastercard.<\/p>\n<p><b>UniCredit Note for Editors<\/b><\/p>\n<p>\nUniCredit<b \/>is a pan-European Commercial Bank with a unique service offering in Italy, Germany, Central and Eastern Europe. Our purpose is to empower communities to progress, delivering the best-in-class for all stakeholders, unlocking the potential of our clients and our people across Europe. We serve over 15 million customers worldwide. They are at the heart of what we do in all our markets. UniCredit is organized in four core regions and two product factories, Corporate and Individual Solutions. This allows us to be close to our clients and use the scale of the entire Group for developing and offering the best products across all our markets. Digitalisation and our commitment to ESG principles are key enablers for our service. They help us deliver excellence to our stakeholders and creating a sustainable future for our clients, communities and people.<\/p>\n<p><b>Mastercard Note for Editors<\/b><\/p>\n<p>\nMastercard 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. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230526005126r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230526005126\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230526005126\/en\/<\/a><\/span><\/p>\n<p><i>UniCredit Media Relations<\/i> e-mail: <a rel=\"nofollow\" href=\"mailto:MediaRelations@unicredit.eu\">MediaRelations@unicredit.eu<br \/>\n<\/a><br \/><i>UniCredit Investor Relations<\/i> e-mail: <a rel=\"nofollow\" href=\"mailto:InvestorRelations@unicredit.eu\">InvestorRelations@unicredit.eu<br \/>\n<\/a><br \/><i>Mastercard Media Relations <\/i>e-mail: <a rel=\"nofollow\" href=\"mailto:Suman.Hughes@mastercard.com\">Suman.Hughes@mastercard.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Italy Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Payments Technology Finance Networks Banking<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230526005126\/en\/703302\/3\/Mastercard_Symbol_Brand.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230526005126\/en\/1804219\/3\/UnicreditLogo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>UniCredit and Mastercard Expand Payments Partnership Unprecedented commitment, first of its kind in Europe Agreement extends to 13 banks in 12 markets across all card products, totaling 20 mln cards Focus on accelerating innovation and enhanced customer experience MILAN&#8211;(BUSINESS WIRE)&#8211; UniCredit and Mastercard today announce a global expansion of their payment partnership. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230526005126\/en\/ The agreement sets the stage for the start of a strong partnership consistent with the UniCredit Unlocked strategy. This is the first time any large commercial bank has put in place a single card multi market strategy of this scale in Europe. It brings together in one agreement UniCredit\u2019s ability to harness the collective weight of 13 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/unicredit-and-mastercard-expand-payments-partnership\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;UniCredit and Mastercard Expand Payments Partnership&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-760614","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UniCredit and Mastercard Expand Payments Partnership - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/unicredit-and-mastercard-expand-payments-partnership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UniCredit and Mastercard Expand Payments Partnership - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"UniCredit and Mastercard Expand Payments Partnership Unprecedented commitment, first of its kind in Europe Agreement extends to 13 banks in 12 markets across all card products, totaling 20 mln cards Focus on accelerating innovation and enhanced customer experience MILAN&#8211;(BUSINESS WIRE)&#8211; UniCredit and Mastercard today announce a global expansion of their payment partnership. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230526005126\/en\/ The agreement sets the stage for the start of a strong partnership consistent with the UniCredit Unlocked strategy. This is the first time any large commercial bank has put in place a single card multi market strategy of this scale in Europe. 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