Mastercard & Doconomy launch new mobile banking service

New collaboration enables users to track, understand and take accountability of their carbon footprint

Mastercard & Doconomy launch new mobile banking service. Source: newsroom.mastercard.com

Doconomy and Mastercard announce their joint effort to combat climate change by enabling DO – a free and easy-to-use mobile banking service that lets users track, understand and reduce their CO2 footprints through carbon offsetting.

By implementing DO Mastercard and Doconomy lets users’ values guide their everyday consumption towards more sustainable choices. DO also enables carbon offsetting via UN certified projects. As part of the service DO offers a possibility to invest in funds with a positive impact on people and the planet. This way the solution gives the consumer insights into the environmental effects of their consumptions, paired with tools for creating change by making sustainable choices.

Customers can also apply for the physical, climate-friendly and biodegradable DO Mastercard payment card. The card, which is printed with recycled pollution (Air-Ink) and with no magnetic strip is the first of its kind in the world.

The DO app will become available during April.

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