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PROUD MOMENT! These 3 Indian-origin CEOs beat Amazon boss Jeff Bezos in coveted Harvard list
Tue, Oct 29, 2019
In a proud moment for India, three Indian-origin CEOs have grabbed positions in top 10 in the prestigious Harvard Business Review list.
BIG SHOT IN ARM! How Mastercard and MS Dhoni are realising this dream of PM Narendra Modi
Wed, Oct 16, 2019
PM Narendra Modi is known for taking many initiatives, and one such initiative is Cashless India.
Mobile Wallet Payments: RBL Bank credit card holders can use Samsung Pay for contactless payments
Wed, Aug 28, 2019
Mobile Wallet Payments: RBL Bank’s Mastercard credit cardholders can make contactless transactions with their Samsung Pay-compatible smartphones.
HDFC Bank, MasterCard launch credit, prepaid cards for millennials: Check benefits
Fri, Aug 23, 2019
HDFC Bank and MasterCard today launched Millennia, a range of cards which cater exclusively to the lifestyles and aspirations of millennials. Range of products include credit, debit, prepaid card and EMI variants.
Now, enjoy Mastercard ‘Priceless Cities’ with Thomas Cook India
Thu, May 16, 2019
Outbound travellers from India gain first-time access to handpicked ‘Priceless’ experiences in the world’s greatest cities.
Mastercard commits $1 bn investment in India in next 5 yrs; to develop India as global tech node
Mon, May 06, 2019
"Over the last five years, we invested about USD 1 billion in India. Given our increasing confidence in the Indian economy, where it is likely to be over the coming decade, we are stepping up on our investment commitment in India. We are committing another USD 1 billion into India (for next five years)," Ari Sarker, co-president, Asia Pacific, Mastercard told PTI in an interaction here.
Mastercard's revolutionary payment technology can turn your smartphone into PoS machines
Sat, Apr 20, 2019
Will you be surprised if you visit any store and the merchant waves your Credit/Debit card over his smartphone to make the payment?
Visa, Mastercard mull increasing fees for processing transactions: WSJ
Sat, Feb 16, 2019
Visa Inc and Mastercard Inc, the two biggest U.S. card networks, are preparing to raise certain fees levied on U.S. merchants for processing transactions from this April, the Wall Street Journal reported on Friday
Mastercard says plans to apply for China license to clear card payments
Sat, Jan 26, 2019
U.S. payments card company Mastercard Inc said on Friday it still plans to apply for a bankcard clearing license in China and was in "active discussions" to explore solutions.
Point of Sale (PoS) machine: Mastercard, Mosambee launch Android-based multi-utility ‘SamosaPoS’ - How it works
Wed, Jan 09, 2019
To enhance acceptance and penetration of digital payments in India, Mastercard and Mosambee, a payment solution company on Wednesday launched ‘SamosaPoS’, an Android based multi-utility point of sale (PoS) machine.
Mastercard card holders alert! Your data will soon be deleted from global servers - what it means for users
Mon, Dec 17, 2018
In response to a new regulation issued by the Reserve Bank of India (RBI) in April this year, global card payments major Mastercard has proposed a certain date from which it will start deleting data of Indian cardholders from global servers.
OBOPAY partners with Federal Bank, Mastercard, unveils pre-payment instrument for enterprise customers
Wed, Dec 12, 2018
Global financial technology company, OBOPAY, today announced the launch of a new generation pre-payment instrument in partnership with Federal Bank and Mastercard.
OBOPAY partners with Federal Bank, Mastercard to unveil pre-payment instrument for enterprise customers
Wed, Dec 12, 2018
Users can use the OBOPAY card for multiple payments such as, bank accounts for using salary, digital wallets for payments, food coupons for food coupons, and insurance cards for insurance claim.
On notebandi anniv, Arun Jaitley dishes out debit, credit cards lesson for Mastercard, Visa
Fri, Nov 09, 2018
India's finance minister said on Thursday that Mastercard and Visa were losing market share to domestic payments networks, months after Mastercard complained to the U.S. government that Prime Minister Narendra Modi was using nationalism to promote a local rival.
Big win for India! Credit card major Mastercard rushes to obey govt order; your data safe now, but Visa, American Express still defiant
Wed, Oct 31, 2018
Global card payments giant Mastercard is storing its new Indian transaction data locally, the company said on Tuesday, as it starts to comply with a regulatory directive which U.S. companies unsuccessfully lobbied hard to dilute.
RBI data localisation: Why bank credit card users shouldn't worry
Tue, Oct 16, 2018
Amid speculations that the ongoing tussle with fintech companies like Mastercard and Visa with the Reserve Bank of India (RBI) over data localisation issue may hit users, reports suggest otherwise.
Credit card alert! Do you have these cards? RBI may continue crackdown
Sun, Oct 14, 2018
The RBI will not relax the October 15 deadline for global financial technology ( fintech ) companies to comply with its data localisation norms in the public interest, according to sources.
India cannot create a million jobs only from manufacturing: Mastercard CEO Ajay Banga
Tue, Jul 24, 2018
Emphasising that India should focus on productivity to ensure robust GDP growth, Mastercard president and CEO Ajay Banga cautioned that the country cannot depend on manufacturing alone to create one million jobs a month which it is aspiring for.
Mastercard to repurchase up to $4 billion of its shares
Tue, Dec 05, 2017
Payment processor Mastercard Inc said on Monday it would buy back up to $4 billion of its class A shares. The new share repurchase program will be effective at the completion of the company`s previously announced $4 billion share repurchase program, Mastercard said.
Positive on India-made SE iPhones, app developers, says Apple CEO Tim Cook to Modi
Mon, Jun 26, 2017
In his recent meet with Indian prime minister Narendra Modi, Apple CEO Tim Cook has said that his company is positive about the production of iPhone SE in Bengaluru and added further that App developers in India have created close to 100,000 apps for the App Store.