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Mastercard India appoints former SBI head Rajnish Kumar as its chairman
Thu, Sep 14, 2023
Rajnish Kumar will guide Mastercard's South Asia executive leadership team led by Gautam Aggarwal, Division President for South Asia & Country Corporate Officer, India, in navigating the vibrant domestic payments landscape
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Mastercard Alt ID Solution: How this new facility will help you at merchant websites and save from data breach
Sat, Sep 02, 2023
Mastercard has launched ALT ID to secure online transactions for customers. It allows them to conduct e-commerce transactions without any need for saving card details.
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A guide to activate Mastercard's CVC-less feature for debit and credit cards
Fri, Aug 04, 2023
Mastercard introduces CVC-less online transactions feature for Indian debit and credit cardholders. This move enhances security and streamlines digital transactions. The feature aligns with RBI's tokenisation guidelines, ensuring secure and hassle-free payments.
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Big relief to Mastercard: RBI removed restrictions, now the company will be able to add new customers
Fri, Jun 17, 2022
On Thursday, RBI has given a big relief to Mastercard. The Reserve Bank has lifted the ban on the company. RBI had banned the issuance of new cards on MasterCard from July 2021 for non-compliance with the guidelines for data storage.
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RBI lifts business restrictions on Mastercard, allows it to onboard new customers
Fri, Jun 17, 2022
The Reserve Bank of Indian (RBI) on Thursday lifted the restrictions imposed last year on Mastercard and allowed the global payment processor to onboard new customers for debit, credit or prepaid cards in India, after satisfactory compliance with data storage norms.
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Safe Transaction: Mastercard, Google Pay together roll out tokenization for card-based payments
Tue, Dec 21, 2021
Mastercard and Google today announced the rollout of tokenization that will enable Google Pay users to safely transact using their Mastercard credit and debit cards without any hassles.
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CAIT collaborates with Mastercard to launch 'Digital Gyaan Se Vyapaar Nirmaan' - See how the campaign will help small businesses
Thu, Oct 07, 2021
In an attempt to help small businesses across India, the Confederation of All India Traders (CAIT) and the Mastercard today launched 'Digital Gyaan Se Vyapaar Nirmaan' under a joint national campaign.
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Ban on Mastercard by RBI: Fresh card issuance by 5 private banks to be impacted - Check report
Fri, Jul 16, 2021
As many as five private sector banks, including Axis Bank, Yes Bank, and IndusInd Bank, are to be impacted by the Reserve Bank of India's decision to ban Mastercard from issuing new cards.
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Reserve Bank of India (RBI) bans Mastercard for violating central bank's norms
Thu, Jul 15, 2021
The Reserve Bank of India (RBI) on Wednesday imposed restrictions on Mastercard from onboarding new domestic customers on its network from July 22, 2021. According to RBI, the action has been taken against Mastercard for violating the central bank's norms on storage of payment systems data.
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PIONEER Heritage: For ultra-high net worth segment! IndusInd Bank's 1st metal credit card is here - Check features, benefits, application process
Thu, Dec 17, 2020
With the launch of the ‘Pioneer Heritage Credit Card’, IndusInd Bank has joined the ranks with few other banks globally, that offer a credit card which has been exquisitely crafted with metal.
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SBI Credit Card users alert! Tap and go! Mastercard introduces this new feature on app - Know benefits and how to use
Wed, Nov 25, 2020
With this service in place, SBI Card Mastercard cardholders need not carry physical cards and can transact at any contactless point of sale terminal using their mobile.
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Mastercard launches Project Kirana for women-run stores
Thu, Nov 19, 2020
Global payments and technology company Mastercard today launched ‘Project Kirana’ for women entrepreneurs or women-run stores in select cities in Uttar Pradesh including Lucknow, Kanpur and Varanasi. The scheme intends to expand financial inclusion and digital payments adoption among kirana shops that are run or operated by women
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Importance of MSMEs in driving India's growth, role of digital infra and way forward, explains Mastercard's South Asia COO Vikas Varma
Sun, Sep 27, 2020
Vikas Varma, COO - South Asia, Mastercard, in an exclusive interview to Zee Business Online explains the importance of MSMEs in driving India's growth, the role of digital infra and the way forward. Here are edited excerpts:-
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Talking Tech: The Road Ahead EP 4 with Mastercard's Vikas Saraogi | Contactless Payments | ZeeBiz Tech | Zee Business
Tue, Jun 09, 2020
If demonetisation was the turning point for digital payments, COVID-19 could trigger the acceptance for contactless payments in India. In the fourth episode of Talking Tech: The Road on Zee Business, Vikas Saraogi - Vice President - Head of Acceptance - South Asia - Mastercard, explains how contactless payments work, challenges around them and more.
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