Mastercard

Mastercard open to acquisitions in India, to invest $800 million

Speaking at the India Economic Summit organised by the World Economic Forum, Mastercard President and CEO Ajay S Banga said India accounts for 3 percent of the company's global revenues and 14 percent of its employee strength.

Oct 05, 2017, 13:53 PM IST
Mobikwik to stay firm despite Adhaar-based payment systems

Mobikwik to stay firm despite Adhaar-based payment systems

Digital wallet company Mobikwik on Thursday said it would stay firm to its three-fold growth projection to USD 10 billion gross merchandise value by the end of 2017 despite the arrival of Aadhaar-based biometric payment system.

Mar 02, 2017, 18:42 PM IST

Despite note ban, Indian consumers most optimistic in Asia Pacific: Mastercard

Notwithstanding demonetisation, Indian consumers are the most optimistic in the Asia Pacific region and their outlook on economy and stock market showed highest levels of confidence, says a report.

Jan 16, 2017, 23:32 PM IST
No card, no mobile wallet only Aadhaar will enable you to make online transactions from now onwards

No card, no mobile wallet only Aadhaar will enable you to make online transactions from now onwards

The government's pet project 'Aadhaar Payment App' will be launched on December 25. It's widely believed that the new app will easily replace the debit/credit cards and point of sale machines (PoS) which are considered to be the backbone of the cashless society.

Dec 25, 2016, 12:01 PM IST
Demonetisation: Paytm launches ''App POS'' for small merchants to accept debit, credit cards

Demonetisation: Paytm launches ''App POS'' for small merchants to accept debit, credit cards

India`s largest digital wallet and payment company Paytm on Wednesday updated its app to launch India`s first APP POS allowing all small and medium merchants to accept all card payments including Rupay, Visa, MasterCard and Maestro.

Nov 23, 2016, 14:19 PM IST

Indian banks need to adopt fully-encrypted ATM security solutions

This incident is a wake-up call for the Indian banking ecosystem to pause and realise that adopting extra-layered, state-of-the-art encryption security to minimise consumer financial data breach has become essential.

Oct 26, 2016, 13:16 PM IST

Debit cards risk: Our systems have not been breached, says MasterCard

Leading global payments and technology company Mastercard on Thursday assured its customers that its own systems have not been breached amid fears rising out of security breach with as many as 3.25 million debit cards in India.

Oct 20, 2016, 18:29 PM IST
Visa CEO Charles Scharf to step down, ex-American Express president to take over

Visa CEO Charles Scharf to step down, ex-American Express president to take over

Visa Inc said Chief Executive Charles Scharf, who orchestrated the company`s reunion with its European affiliate, is stepping down and will be succeeded by former American Express Co President Alfred Kelly.

Oct 18, 2016, 09:38 AM IST
PayPal, MasterCard reach deal for store payments

PayPal, MasterCard reach deal for store payments

MasterCard Inc said on Tuesday it had expanded its deal with payment processor PayPal Holdings Inc, which would allow customers to use PayPal`s payment services in stores.

Sep 06, 2016, 18:38 PM IST