Page 8 - Mastercard

Mastercard to invest $1 bn in India, plans to make country global tech node

This investment will help foster innovation and increase Mastercard's speed-to-market capabilities and value-added services

Mastercard is moving from 'facilitation' to 'flow' biz: Raja Rajamannar

Demonetisation was a game changer. It created an immediate reason for people to experience the ease, safety and security of digital payments, says Mastercard's Rajamannar

Mastercard looks beyond payments space for growth in Indian markets

Focusing on identity authentication as well as distribution and technology partnerships

Mastercard CFO Martina Hund-Mejean to retire, Sachin Mehra to succeed

Mehra will take over Hund-Mejean's position as CFO on April 1, and will report to Ajay Banga, the company's chief executive officer.

EU fines MasterCard $648 mn for artificially raising costs of card payments

Credit card payments have been a target of EU antitrust enforcement for nearly two decades

We never complained to US against RuPay: Mastercard's Porush Singh

'We have started an India investment fund, not only to buy more companies but also to do partnerships. We have done a few and some have been successful'

Mastercard to start deleting data of Indian cardholders from global servers

Mastercard has proposed to the RBI that Indian data would be stored locally and nowhere else

Storing India payments data locally amid RBI new rules, says Mastercard

The Indian central bank in April said companies such as Mastercard, Visa and American Express will from October need to store their payments data "only in India"

Thanks to Grab deal, those without bank account can now get a Mastercard

The value of the cards can be topped with cash to spend at any of the three million merchant outlets that accept Mastercard

Mastercard plans to invest around Rs 16.25 billion in India by 2019

The company's India workforce comprises 14 per cent of its global staff strength, and is the largest outside the US

Mastercard to leverage fintech partnerships for greater merchant acceptance

Mastercard looks at all spectrums for growth in India

Mastercard open to acquisitions in India, to invest $800 mn over 4-5 yrs

Mastercard has over $4.5 billion worth of investment in India

British Court blocks $18 billion class action suit against MasterCard

MasterCard welcomed the judgment, saying the claim was completely unsuitable

Mastercard eyeing to tap growing Indian e-commerce market

Investments in the country by the global credit firm grows by 30% in the last two years

A large number of people are using cards since demonetisation: Mastercard South Asia head

Q&A with Porush Singh, country corporate officer and division president (South Asia), Mastercard

Mastercard rolls out interoperable QR code payment solution

This wallet once downloaded will host a virtual prepaid card that customers can use for cashless transactions

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

Interview with president, operations and technology, MasterCard

MasterCard sued for $19 bn in Britain's biggest claim

Some 46 million people in Britain could potentially benefit from a legal case brought against Mastercard

MasterCard to tap MSME, small traders on digital payments

Global time payment processing firm MasterCard today said micro, small and medium enterprises need to go for online payments which currently account for just four per cent of total transactions in the country. "Of the total transactions made in the country, 96 per cent are done through cash transactions. The remaining four per cent is done through digital medium..", MasterCard, Group Head, Senior Vice President, Global Policy Affairs and Community Relations, Ravinder S Aurora told reporters. He said micro merchants comprising kirana stores, small retail shops having 2-5 employees comprise of about 10 crore in the country. "This sector plays a significant role in overall retail industry as it is growing at a rate of 11.5 per cent," he said. MasterCard in association with the Confederation of All India Traders (CAIT) has trained over 50,000 traders across the country under the digital campaign exercise, he added. He said the company operates in 210 countries with ...