Privacy

Report: Mastercard becoming rich off consumers’ personal info

The good news is that you can stop it just by filling out an online form

It’s natural for a credit card company to know where you shop, how much you spend, and on what days. But, then, if it turns around and sells that information to any company that wants to buy it, some might say that may be going a little too far. 

According to an investigation from US PIRG, Mastercard has increasingly monetized an “immense” amount of transaction data that it has access to over the past several years – enabling companies to improve marketing that can predi...