“We are allies of the LGBTQIA+ community, which means if we see a need or if this community is not being served in the most inclusive way, we want to be a force for change to help address and alleviate unnecessary pain points,” said Randall Tucker, Chief Diversity and Inclusion Officer for Mastercard. “This translates not only for our Mastercard employee community but for our cardholders and the communities in which we operate more broadly. Our vision is that every card should be for everyone.”
Please also watch in video: True Name Card™ – Coming Soon
No matter who you are or how you identify, #AcceptanceMatters. For many transgender and nonbinary people, the name on their card does not reflect their true identity. This WorldPride, we’re happy to introduce the True Name Card, which is an initiative that allows for your chosen name to appear on the front of your card. #StartSomethingPriceless
James Issokson | June 17, 2019 | Corporate Citizenship, Industry News
It’s Time to Enable People to Use Their True Name on Cards
For many in the LGBTQIA+ community, the name on their credit, debit or prepaid card does not reflect their true identity. As a result, for the transgender and non-binary communities in particular, the card in their pocket can serve as a source of sensitivity, misrepresenting their true identity when shopping and going about daily life.
Today, Mastercard is making a commitment to address this challenge by introducing the True Name™ card. We are working with partners to create a product, as well as a sensitive and private process free of personal questions, that will allow for true names, not deadnames, to appear on cards without the requirement of a legal name change. This will ease a major pain point for the transgender and non-binary community.
Mastercard calls on the industry to apply these standards for everyone, ensuring a way for people’s financial products to reflect their true identity.
Overall, nearly one-third (32%)* of individuals who have shown IDs with a name or gender that did not match their presentation reported negative experiences, such as being harassed, denied services, and/or attacked. As such, many transgender individuals choose to forego the cost, complexity and anxiety associated with official name and gender changes. Until now, this discrimination has carried through to their cards and payment mechanisms.
In a panel discussion on Monday with the New York City Commission on Human Rights, Mastercard unveiled this initiative and is working to bring the True Name card to market.
“We are allies of the LGBTQIA+ community, which means if we see a need or if this community is not being served in the most inclusive way, we want to be a force for change to help address and alleviate unnecessary pain points,” said Randall Tucker, Chief Diversity and Inclusion Officer for Mastercard. “This translates not only for our Mastercard employee community but for our cardholders and the communities in which we operate more broadly. Our vision is that every card should be for everyone.”
* Source: James, S. E., Herman, J. L., Rankin, S., Keisling, M., Mottet, L., & Anafi, M. (2016). The Report of the 2015 U.S. Transgender Survey. Washington, DC: National Center for Transgender Equality.
PLEASE ALSO WATCH
Acceptance Street
In partnership with New York City Commission on Human Rights, we made some additions to the corner of Christopher & Gay St. in NYC. Because no matter how big the community grows, there’s room for everyone. #AcceptanceMatters #StartSomethingPriceless
Published on Jun 18, 2019
