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Mastercard has over USD 4.5 billion worth of investment in India.

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

India accounts for 3 per cent of the company's global revenues and 14 per cent of its employee strength.

5 Oct 2017 8:25 AM

Meanwhile, the two-day safety inspection of the 5.17 km- long extension, has ended, the Delhi Metro Rail Corporation (DMRC) said.

DMRC to upgrade ticketing tech

This facility will enable a passenger to order commodities while travelling in Delhi Metro and collect the goods from a...

17 Sept 2017 1:08 AM

Shares of the company, which rose more than 2 percent before the opening bell, fell 4.2 percent to USD 186.60 in afternoon trading. (Photo: Pixabay)

Mastercard shares slide as quality of revenue growth disappoints

Payments processors and card companies use rebates and incentives to forge alliances with banks and merchants.

31 Oct 2018 6:20 AM

The companies had sought dilution of the central bank directive, requesting they be allowed to store data both locally and at their offshore offices, a practice widely known as data mirroring . But their requests were declined.

Mastercard says storing India payments data locally in face of new...

Mastercard has started storing all its new payments transaction data in India at its technology centre in the western...

31 Oct 2018 3:26 AM

With digital payments being increasingly integrated into social networking sites, allowing buyers and sellers to transact seamlessly, we could see a further lowering of barriers against the adoption of new payment methods, PayPal said.

US tech funds turn to Visa, Paypal as FANGs fade

Visa, for instance, is down 2.9 per cent over the last 3 months, compared with a 30 per cent plunge in Facebook.

25 Oct 2018 2:13 AM

Visa dismisses cyber attack claim

Visa, Mastercard offer tourist card fee cut in EU antitrust probe

Even after the cut, the fees paid by merchants will still likely be higher than those for EU cards.

23 Nov 2018 6:08 AM

NPCI, which currently offers RuPay debit cards, has partnered with 10 banks including public sector and cooperative banks.

Mastercard lodged US protest over Modi's promotion of Indian card...

More than half of India's 1 billion debit and credit cards now go through the RuPay payment system.

2 Nov 2018 5:56 AM

NPCI, which currently offers RuPay debit cards, has partnered with 10 banks including public sector and cooperative banks.

Mastercard lodged US protest over Modi's promotion of Indian card...

Modi has in recent years backed RuPay, whose rise has broken the dominance of US payment giants such as Mastercard and...

2 Nov 2018 2:50 AM

IndusInd Bank Ltd has entered into exclusive talks to acquire microlender Bharat Financial Inclusion Ltd.

IndusInd, Samsung tie up to facilitate 'tap and pay' credit system

Samsung Pay gives freedom to customers to leave their physical credit and debit cards at home and make payments almost...

7 April 2018 6:34 AM

Manufacturing alone won't create 10Lakh jobs'

MasterCard CEO lauds note ban, GST but wants India to focus on AI.

24 July 2018 7:19 PM

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

India proposes easing local data storage rules for foreign payment...

RBI would compel global payment firms to store customer data only locally.

12 July 2018 3:25 AM

Mastercard has over USD 4.5 billion worth of investment in India.

India proposes easing local data storage rules for foreign payment...

Easing the proposal would be a relief for firms including MasterCard, Visa and American Express.

12 July 2018 2:16 AM