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  • Mastercard declares support of Rs 250 crore to small businesses hit by COVID-19: CAIT Jul 28, 2020 08:15 PM IST

    Mastercard declares support of Rs 250 crore to small businesses hit by COVID-19: CAIT

    These new initiatives build on Mastercard's multi-year partnership with the Confederation of All India Traders (CAIT) to grow digital payments awareness and support merchant on-boarding for digital commerce will help to large extent the Indian traders to overcome from the set back due to COVID-19, the industry body said.

  • Visa announces support for cryptocurrencies, to pursue projects in digital currency Jul 25, 2020 03:56 PM IST

    Visa announces support for cryptocurrencies, to pursue projects in digital currency

    Acknowledging scepticism over digital currencies, Visa stated intent to address concerns by working closely with leading companies and the public sector

  • Mastercard to invest Rs 250 crore to help Indian SMEs amid COVID-19 crisis Jul 09, 2020 05:10 PM IST

    Mastercard to invest Rs 250 crore to help Indian SMEs amid COVID-19 crisis

    Singh said the company is making the investment as part of a global commitment of $250 million (roughly Rs 1,875 crore) following the COVID-19 pandemic.

  • Airtel Payments Bank, Mastercard team up to develop customised financial products for farmers, SMEs May 26, 2020 03:22 PM IST

    Airtel Payments Bank, Mastercard team up to develop customised financial products for farmers, SMEs

    The collaboration will bring together Mastercard's experience in developing financial solutions and Airtel Payments Bank's distribution network to reach its large customer base.

  • Mastercard to allow staff to work from home until virus fears subside May 21, 2020 07:51 AM IST

    Mastercard to allow staff to work from home until virus fears subside

    The world's second-largest payment processor is also looking at its real-estate footprint and considering consolidating offices, Chief People Officer Michael Fraccaro said.

  • Mastercard names Michael Miebach new CEO, Ajay Banga to be Board Executive Chairman Feb 26, 2020 09:16 AM IST

    Mastercard names Michael Miebach new CEO, Ajay Banga to be Board Executive Chairman

    Banga will become Executive Chairman of the Board of Directors effective January 1, 2021

  • Mastercard names insider Michael Miebach as new CEO Feb 25, 2020 07:45 PM IST

    Mastercard names insider Michael Miebach as new CEO

    Banga will become the company's executive chairman, replacing the retiring Richard Haythornthwaite.

  • Mastercard to add 1,500 technology jobs in Ireland Feb 24, 2020 03:07 PM IST

    Mastercard to add 1,500 technology jobs in Ireland

    The U.S. credit card issuer has had a presence in Dublin since 2008 and set up its research and development arm, Mastercard Labs, there eight years ago. It plans to increase its staff to more than 2,000 from 650 now, IDA Ireland, the state agency competing to win foreign jobs, said in a statement.

  • Mastercard invests in Pine Labs Jan 27, 2020 08:51 PM IST

    Mastercard invests in Pine Labs

    The collaboration will deliver an extensive range of card and real-time payments-based instalment financing at checkout – in-store and online.

  • Mastercard unveils its first-ever sonic-integrated music single Jan 08, 2020 08:18 PM IST

    Mastercard unveils its first-ever sonic-integrated music single

    According to research conducted by Mastercard and GfK Global, 77% believe the Mastercard sonic sound made the transaction and retail environment more trustworthy.

  • Zero MDR may be good for digital adoption but at what cost? Jan 07, 2020 09:15 AM IST

    Zero MDR may be good for digital adoption but at what cost?

    No income from transactions could make businesses unviable for key stakeholders, which could lead to investors shying away.

  • Finance Ministry implores banks to boost RuPay, UPI infra: Report Jan 03, 2020 04:17 PM IST

    Finance Ministry implores banks to boost RuPay, UPI infra: Report

    Non-complaint businesses would face a daily penalty of Rs 5,000.

  • Mastercard acquires RiskRecon to enhance cybersecurity capabilities Dec 26, 2019 06:53 PM IST

    Mastercard acquires RiskRecon to enhance cybersecurity capabilities

    Large-scale data breaches and ransomware attacks place billions of records at risk each year, jeopardizing consumer trust.

  • Mastercard Identity Check Program makes India debut with Federal Bank Dec 16, 2019 05:30 PM IST

    Mastercard Identity Check Program makes India debut with Federal Bank

    The solution draws on the latest smart authentication standards to offer a frictionless, fast and safe online payment experience.

  • Mastercard ties up with Thailand Tourism Authority Dec 05, 2019 12:50 PM IST

    Mastercard ties up with Thailand Tourism Authority

    As per Mastercard data, there has been 20 percent increase in spends on cashless transactions in Thailand by Indians as compared to 2018-19.

  • MasterCard: All about MasterCard Debit Card in India Oct 01, 2019 12:23 PM IST

    MasterCard: All about MasterCard Debit Card in India

    MasterCard Debit Card: Get an Overview of MasterCard Debit Card on how to get & apply for MasterCard, its benefits & charges in India at Moneycontrol.

  • Loyalty programme leak: Mastercard informs EU regulators Aug 28, 2019 01:48 PM IST

    Loyalty programme leak: Mastercard informs EU regulators

    The Belgian Data Protection Authority said Mastercard informed them the breach was detected on August 19.

  • Mastercard rolls out new tech to replace OTP step for online transactions: Report Aug 07, 2019 04:25 PM IST

    Mastercard rolls out new tech to replace OTP step for online transactions: Report

    For transactions below Rs 2,000, the new solution provides sellers with customer details automatically after the first purchase, while for those above Rs 2,000 users can create a unique transaction PIN

  • Flipkart-Axis Bank partner to issue 1 million credit cards by mid-2020, will offer unlimited cashback Jul 11, 2019 06:17 PM IST

    Flipkart-Axis Bank partner to issue 1 million credit cards by mid-2020, will offer unlimited cashback

    Powered by Mastercard, the credit card will offer cashback on Myntra and 2GUD and would provide benefits to customers of MakeMyTrip, Goibibo, Uber, PVR, Gaana, Curefit, UrbanClap.

  • Mastercard says plans to apply for China license to clear card payments Jan 26, 2019 11:36 AM IST

    Mastercard says plans to apply for China license to clear card payments

    The company "hopes to be able to present another application for the bankcard clearing license in the very near future."

  • No words: Mastercard to drop its name from logo Jan 08, 2019 10:32 AM IST

    No words: Mastercard to drop its name from logo

    Mastercard Inc. joins a small stable of brands like Nike, Apple and Target that rely on an image and not a name in most marketing materials.

  • Mastercard will start deleting data of Indian cardholders from global servers; warns of impact Dec 16, 2018 12:20 PM IST

    Mastercard will start deleting data of Indian cardholders from global servers; warns of impact

    The Reserve Bank of India (RBI) in April issued a new regulation, which came into effect from October 16, requiring payments companies to store all information about transactions involving Indians solely on computers in the country.

  • India income of Visa, Mastercard, American Express may attract 15% tax: Report Nov 13, 2018 10:43 AM IST

    India income of Visa, Mastercard, American Express may attract 15% tax: Report

    Most major payment companies have already started looking at ways to deal with the likely tax implication, the report said

  • Mastercard unhappy over PM Modi's promotion of Indian card network RuPay Nov 02, 2018 10:27 AM IST

    Mastercard unhappy over PM Modi's promotion of Indian card network RuPay

    Modi has publicly endorsed the indigenous card payment network, saying using RuPay was like serving the country as its transaction fee stays within India and could help build roads, schools and hospitals.

  • Macro@Moneycontrol I RBI's data localisation mandate Oct 20, 2018 08:20 AM IST

    Macro@Moneycontrol I RBI's data localisation mandate

    Moneycontrol’s Sakshi Batra in conversation with Gaurav Choudhury, Deputy Executive Editor, Moneycontrol finds out what could be the implications on companies that have missed the RBI deadline.

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