The partnership will allow financial institutions worldwide to adopt Mastercard’s cross-border solutions in a fraction of the typical implementation time
RBI Governor Sanjay Malhotra told the FATF gathering that 'it would be desirable to make the (FATF's) travel rule technology-neutral,' without specific mention of UPI.
Visa will be the first partner of the X Money account, under which customers can instantly fund their X wallet and connect their debit cards for peer-to-peer payments
Mastercard's Global Michael Miebach CEO sees opportunities in access to credit, commercial payments in India.
MyBiz card comes with a wide range of business, travel, and lifestyle benefits, said the companies
Enabling customers to choose their preferred card network may offer benefits like wider acceptance, memberships and so on. However, experts say that it might not bring down the card fees.
This collaboration will enable Mastercard cardholders to use the tap-to-pay functionality on Boat’s smartwatches through the Crest Pay app, with a limit of up to Rs 5,000.
It’s the latest step that the financial industry is taking to combat the rising issue of online payment fraud, which is expected to exceed $91 billion by 2028.
From the Visa-Mastercard antitrust settlement rejected to Boeing proposing a $4.08 billion Spirit acquisition, here's a look at recent business developments around the world.
YES Bank and Anq have launched a co-branded card that gives you a physical card based on Mastercard and a complimentary, virtual add-on card on Rupay network. You can earn and accumulate gold based on the reward points you accrue.
Hailing the execution and transparency of India Stack, the CEO said the world is closely watching it to export and create meaningful opportunities
The offering will be exclusively available for Mastercard holders now, but will soon be extended to other card networks as well, the private sector lender said.
The Reserve Bank of India has asked card networks operating in the country to pause commercial card-based payments being made by businesses. But what is the reason behind this? Will it affect the businesses? Watch this video as Moneycontrol’s Sahil Jain tries to find out all the answers
Industry executives say that while the fintech firms issuing commercial cards through the business payment solution providers route have payment aggregator licenses, the protocol fell outside the purview of RBI's existing guidelines
Under MDES Token Connect, banks can allow cardholders to securely transmit payment details
Ling Hai, President, International Markets at Mastercardsaid there is a lot of optimism about India globally, with fundamentals like easing inflation, rising spending power, exports, service sector, and people's confidence driving economic growth
On annual basis, Mastercard prevents 125 billion transactions from being hacked, with Artificial Intelligence (AI) playing an important role in its cybersecurity systems.
With MasterCard's open-loop solutions, commuters can use a single digital wallet across various transit modes and in multiple cities, eliminating the necessity for multiple cards or frequent top-ups, Aurionpro said.
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The 'She Leads Bharat:Udyam' initiative will enable these businesses based in Rajasthan and Uttar Pradesh to upskill and earn via Frontier Markets' Meri-Saheli platform.
The Binance cards allowed users to make payments in traditional currencies, funded by their cryptocurrency holdings on the exchange.
For a brand, a bilateral series doesn’t have the same value as IPL. Therefore, the board must go beyond vanilla branding if it is to draw sponsors and successfully monetise matches.
While UPI has undeniable potential to replicate its success overseas, strategic planning and concerted efforts are required
Data suggests that there has been a surge in the credit card usage to make payments. As per data, RBI has issued over 8.5 crore credit cards as of April 2023 In India, there are five credit card network providers – Visa, Mastercard, Rupay, American Express or Diners Club. Till date, these credit card networks are pre-determined depending on the agreement between the banks and the networks. On July 07, 2023 RBI circulated a proposal to the banks that allows customers to choose from the credit card network from October 01, 2023.