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Master Card News
Mastercard names new CEO, Ajay Banga to assume new role of executive chairman By Yoshita Singh
Wed, Feb 26, 2020
Mastercard's Indian-American President and Chief Executive Officer Ajay Banga will step down from his role and assume charge as Executive Chairman of the Board of Directors
In a first, HDFC Bank, MasterCard launch Millennia cards aimed at 'Young India'
Fri, Aug 23, 2019
This is HDFC Bank's first major foray into the millennial segment that caters exclusively to the lifestyles and aspirations of its young customers.
De-duplication of Indian consumer data to complete by year-end: Mastercard
Mon, May 13, 2019
Global payments giant Mastercard has started to delete transactions data of Indian consumers from US-based servers, and saving the same in India, from this month and expects to complete the de-duplication exercise by this year-end, a top official said.
Your e-wallet account just got this massive boost; check benefits
Thu, Oct 18, 2018
E-wallet companies will now give competition to banks with Reserve Bank of India allowing them to use the Unified Payment Interface (UPI) besides issuing prepaid debit cards such as Rupay, Visa, and Mastercard.
Your credit card will stop working now? Axe hangs on your Visa and MasterCard cards; even Google Pay, WhatsApp in fix
Tue, Oct 16, 2018
The RBI guidelines say that all digital payment firms like Google Pay, WhatsApp and others must store data locally for their businesses in the country. The deadline to comply with the norms ended on Monday.
It takes six seconds to hack a credit card
Fri, Dec 02, 2016
It can take hackers just six seconds, a laptop and an internet connection to hack any Visa credit or debit card, new research has revealed.
Demonetisation: SBI waives merchant discount rate on Master, Visa debit cards
Fri, Nov 25, 2016
State Bank of India (SBI) on Thursday said it has waived merchant discount rate (MDR) on Master and Visa debit cards, having already done so on RuPay debit cards last week to promote digital payments.
Partnership between US innovation, Indian human resource a win-win combo: PM Modi
Wed, Jun 08, 2016
Prime Minister Modi specifically spoke about India`s defence sector and said this industry will be opened up further to domestic and overseas investment.