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Biz confidence surpasses pre-crisis level: NCAER19-NOV-09
The business confidence index has bounced back on improving economic conditions and has in fact surpassed the level prevailed prior to the global financial meltdown, a survey has said.
Business Confidence Back in India: NCAER-MasterCard Worldwide Index of Business Confidence19-NOV-09
Business confidence in India has surpassed the level that prevailed before the financial crisis seized economic growth prospects, according to the latest NCAER (National Council of Applied Economic Research) - MasterCard Worldwide Index of Business Confidence.
UBI, MasterCard in pact; eyes 15-lakh cards by FY10-end13-NOV-09
State-owned Union Bank of India (UBI) today sealed a deal with global payments company MasterCard and said it is hopeful of issuing over 15 lakh debit cards by the end of this financial year.
MasterCard Registers Healthy Growth in Third Quarter05-NOV-09
MasterCard today announced third quarter 2009 results for the Asia/Pacific, Middle East & Africa (APMEA)1 region.
Citi brings NFC mobile payments to India30-JUN-09
Customers will experience the convenience of using their mobile phone as a credit card with Citi launching its 'Citi Tap and Pay' here, bringing to India the 'contactless credit card payment system.
Banga leaves Citi to join MasterCard21-JUN-09
Ajay Banga, Citi’s senior-most executive in the Asia-Pacific, has put in his papers and will join MasterCard Worldwide as its president and chief operating officer.
Indian consumers most optimistic in Asia-Pac: survey09-JUN-09
According to the MasterCard 'worldwide index of consumer confidence', India has the highest score among Asia-Pacific markets, with consumers being optimistic about employment, economy and quality of life.
MasterCard to lose 50% US users after JPMorgan shift to Visa Inc26-MAY-09
MasterCard Inc, the world’s second- largest electronic payments network, will lose more than half of a $59 billion portfolio of US debit-card users after JPMorgan Chase & Co decided to shift more business to Visa Inc, two people familiar with the matter said.
Indians using internet more frequently to shop: Study19-MAY-09
A recent survey conducted by MasterCard Worldwide revealed that Indian consumers were using internet more frequently for shopping.
Discretionary spend on the decline for Asia/Pacific Consumers: MasterCard Survey19-FEB-09
Consumers are tightening their belts, with nearly 70% of consumers across the Asia/Pacific region looking to cut back on their discretionary spend for the next 12 months, revealed the recently released, inaugural MasterCard Worldwide Index of Consumer Purchasing Priorities. The Index, which will be released annually henceforth, provides valuable insights into consumers’ savings behavior and their discretionary spending priorities for the 12 months ahead.
Stocks in US have biggest election day rally since '8405-NOV-08
US stocks advanced in the biggest presidential election day rally in 24 years after MasterCard Inc and Archer Daniels Midland Co reported better-than- estimated earnings and money-market rates
PNB introduced MasterCard MoneySend programme13-AUG-08
Punjab National Bank in association with MasterCard Worldwide has introduced MasterCard MoneySend programme. This is a card-to-card money transfer program that enables Bank ATM customers’ to
Visa, Mastercard to come under laundering law06-JUN-08

Acting tough on money laundering, the government today decided to bring casinos, credit card payment gateways run by Mastercard and Visa, money changers and transfer service providers like Western Union under the ambit of Indian law.

Visa, Mastercard to come under PML Act05-JUN-08

In a move aimed at curbing black money and terror financing, the government today decided to bring casinos, payment gateways like Mastercard, Visa and Western Union under the ambit of Prevention of Money Laundering (PML) Act, 2002.

Visa, Mastercard to come under Laundering Law05-JUN-08

Acting tough on money laundering, the government today decided to bring casinos, credit card payment gateways run by Mastercard and Visa, money changers and transfer service providers like Western Union under the ambit of Indian law.

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