For the past year, select Google advertisers have had access to a potent new tool to track whether the ads they ran online led to a sale at a physical store in the U.S. That insight came thanks in part to a stockpile of Mastercard transactions that Google paid for. But most of the two billion Mastercard holders aren’t aware of this behind-the-scenes tracking. ... Google paid Mastercard millions of dollars for the data, according to two people who worked on the deal, and the companies discussed sharing a portion of the ad revenue, according to one of the people.The battles we thought we were fighting were lost years ago. They just never bothered to tell us.
Thursday, 30 August 2018
Mastercard sold Google data on cardholders' in-store credit card use
Bloomberg: