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PROUD MOMENT! These 3 Indian-origin CEOs beat Amazon boss Jeff Bezos in coveted Harvard list

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

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

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.

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HDFC Bank, MasterCard launch credit, prepaid cards for millennials: Check benefits

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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.

Excited to keep investing, growing in India, says Amazon CEO Jeff Bezos

Excited to keep investing, growing in India, says Amazon CEO Jeff Bezos

Mon, Jun 26, 2017

Amazon CEO Jeff Bezos during his recent meet with Indian prime minister Narendra Modi in the US has said that his meeting with Modi was terrific and he was excited to keep investing and growing in India.

Samsung officially launches Samsung Pay in India

Samsung officially launches Samsung Pay in India

Wed, Mar 22, 2017

Samsung Electronics on Wednesday officially announced the launch of Samsung Pay in India. The company had earlier during the month unveiled the mobile payment platform and had already opened for registrations in India on its official website.

State-backed rivals force India's e-payment firms like Paytm, MobiKwik, FreeCharge, others to step up

State-backed rivals force India's e-payment firms like Paytm, MobiKwik, FreeCharge, others to step up

Fri, Mar 10, 2017

India's state sponsored e-payment services have forced mobile wallet companies like Paytm, MobiKwik, Freecharge others to step up their services to gather more customers.

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