Mastercard

Technology, public and financial sectors account for 44 per cent of cyberattacks in India, while firms are strengthening governance as AI agents pose new risks

Gautam Aggarwal explains the opportunity for credit cards in the country, elucidates his strategy on services, and addresses his thoughts on a potential linkage to home grown payments network UPI

The lesson for New Delhi: Keep peer-to-peer and mom-and-pop transactions free, but let large commercial platforms pay, say, 0.5 per cent

Mastercard says stronger cybersecurity, agent verification and consent frameworks will be critical as AI agents begin making purchases on behalf of consumers

The payments major is expanding into cybersecurity, analytics, AI and loyalty services as it seeks new growth avenues beyond its traditional payments network business

Company partners Mastercard, with Visa integration underway, to replace OTPs with biometrics, aiming to improve security and boost transaction success rates

Mastercard's chief privacy officer calls for principle-based, tech-neutral global AI rules to build trust, cut regulatory fragmentation and enable AI adoption at scale

Mastercard completes what it calls India's first fully authenticated agentic commerce transaction at the India AI Impact Summit, signalling readiness for AI-driven payments

Advanced tokenisation and biometric locks ensure the payment method's convenience does not come at the cost of security

PPhonePe Payment Gateway has launched 'PhonePe PG Bolt' for Visa and Mastercard credit and debit card transactions, the company said on Saturday. The solution utilizes device tokenization to provide a secure and efficient in-app checkout experience for PhonePe platform users and merchant partners, the company said in a statement. Yuvraj Singh Shekhawat, Chief Business Officer of Merchant Business at PhonePe, said that the launch of PhonePe PG Bolt feature for Visa and Mastercard is a significant step in the company's journey to simplify digital payments for millions of Indians. "By leveraging device tokenization, we will enable users and merchants to move away from the traditional, cumbersome checkout process to a secure, one-click payment experience. This not only enhances user convenience but also empowers our merchant partners to maximize their growth through industry-best success rates and reduced drop-offs," he said. The new feature allows users to tokenize their Mastercard an

The settlement calls for Visa and Mastercard to lower swipe fees, which are now typically 2per cent to 2.5per cent, by 0.1 percentage points for five years

PhonePe and Mastercard have launched contactless tap-and-pay payments for Indian cardholders using NFC-enabled Android smartphones at merchant outlets in India and abroad

Still, displacing card networks won't be easy, especially in the US, where consumers are used to rewards, fraud protection and credit access - perks not easily replaced

Tickets can be purchased using all Mastercard cards issued globally, including credit, debit, and pre-paid cards.

Several payment aggregators are said to have misclassified merchants, typically in the retail category, under utility - a segment that traditionally draws lower interchange rates

Mastercard has collaborated with City Union Bank (CUB) to launch its first passion cards in India

Launched in 2016, the Unified Payment Interface (UPI) accounted for 83% of India's digital payments volume in 2024, up from 34% in 2019, and dominates the domestic retail payments sector

China reassures foreign investors amid geopolitical tensions, urging open markets and promising a better business environment at the China Development Forum

Mastercard's net income rose to $3.34 billion, or $3.64 per share, in the three months ended Dec. 31, compared with $2.79 billion, or $2.97 per share

The bank has unveiled its first premium credit card, HSBC Prive, designed with privileges exclusively curated for its private banking clients