Home Business News Mastercard removes its brand from Copa America

Mastercard removes its brand from Copa America


© Reuters. FILE PHOTO: The Mastercard logo is seen on a credit card in this illustration August 30, 2017. REUTERS / Thomas White // File Photo

SAO PAULO (Reuters) – Mastercard Inc (NYSE:) has decided to temporarily remove its brands from Copa America in Brazil, although the payments company remains a sponsor of the soccer tournament, vehicles Brazilian media reported on Wednesday.

The move comes as the Copa America is facing criticism when it is moved to Brazil, despite the country having the world’s third-worst coronavirus outbreak outside of the United States and India and is second dangerous epidemic.

In a statement sent to Folha de S. Paulo newspaper, Mastercard said it had decided not to “activate” sponsorship of Copa America in Brazil.

Mastercard did not immediately respond to Reuters’ request for comment on the matter.

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