Page 7 - Mastercard

Delhi HC issues notice to govt over google tax on MasterCard's subsidiary

The issue: if the Asia Pacific arm does not have permanent establishment in India, it must pay 2% equalisation levy, but if it does then it will pay the normal tax

Anand Mahindra, global CEOs endorse plan to build better economic system

The global CEOs include Ajay Banga (Mastercard), Alan Murray (Fortune Media), Dan Hendrix (Interface), Dylan Taylor (Voyager Space Holdings), Emmanuel Faber (Danone) and Feike Sijbesma (DSM)

Mastercard profit tops estimates as lower costs soften spending hit

Mastercard Inc's quarterly profit beat Wall Street estimates, as lower costs helped dull the blow from fewer people using the payment processor's cards during the Covid-19 pandemic

Mastercard to invest Rs 250 cr over five years to reboot Indian SMEs

Plans roll out initiatives to improve digital payments awareness among small businesses; will provide low-cost acceptance online and offline solutions that are simple, safe and secure

Airtel group ties up with Mastercard to develop products for farmers, SMEs

The collaboration will bring together Mastercard's global and local experience in developing advanced financial solutions and Airtel Payments Bank's strong distribution network

Contactless cards may come in handy amid Covid-19, but there is risk

However, one has to be cautious, as electronic pickpocketing is catching up

RBL, Zomato and Mastercard to launch new co-branded credit cards

The 'Edition Cards' will offer a host of benefits for cardholders every time they use Zomato or spend online and offline

Coronavirus outbreak: After Mastercard, now PayPal expects a revenue hit

"We currently estimate the negative impact from COVID-19 to be an approximate one percentage point reduction, to PayPal's year-over-year revenue growth for the first quarter," the company said in a s

Michael Miebach is Mastercard new CEO, Banga moves to executive chairman

Miebach will also get a seat on the board at the company, based in Purchase, New York.

After Aditya Puri, who?

Puri retires in October this year

HDFC Bank, Mastercard, SAP Concur team up to manage spending in corporates

HDFC Bank will offer a corporate credit card for business travellers, providing a one-stop solution for payment and expense management during business trips

Plastic fantastic: Visa, Mastercard could be the next $1 trillion companies

Stock prices of both Visa and Mastercard have gained roughly 50 per cent in the past year.

US payments giant Mastercard invests in Indian firm Pine Labs

The market opportunity in India for installment-based payments on consumer goods will hit $16.9 billion in 2021 and is expected to jump to $52.5 billion in 2025

Mastercard to invest $1 bn in India over 5 years towards tech development

Investment to feed development of new technology, products

Mastercard, Federal Bank join hands to make digital transactions safer

Mastercard has entered into a partnership with Federal Bank to offer identity check to the bank's cardholders, it said in an announcement

Mastercard says it will meet Dec-end target for data localisation in India

However, says the card payments major, restricting data flows in digital transactions will affect the quality of fraud detection and assessment

Mastercard continues to battle rising challenge of digital fraud

As businesses go digital, mitigating cybersecurity issues remains prime focus for the company

In a first, Mastercard enables one-time password-less transactions

A new mobile-first authentication solution rolled out by the payments major allows such transactions only for deals below Rs 2,000

Mastercard starts deleting Indian transactions data stored overseas

Process of removing consumer information may be completed by the end of this year

Mastercard to double India headcount by 2024 following $1 bn investment

Betting big on the growth of Indian digital payments market, Mastercard recently announced an investment of $1 billion over the next five years on increasing infrastructure