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In India, 95 per cent of the transactions are still in cash: Rob Reeg

Interview with president, operations and technology, MasterCard

Rob Reeg

MasterCard is betting big on India. In 2015, the global payment solutions company launched its tech centre in the country. It is now focusing on government initiatives for cashless transactions and working with India’s start-up ecosystem. Rob Reeg, president, operations and technology at MasterCard, talks to Hrishikesh Joshi about the company’s plan for India. Edited excerpts: What is the update on the tech centre? Last year, we invested $250 million in setting up the India development centre where we have two main sites — Pune and Vadodara. The Pune site has grown ...