Mon, Dec 16, 2024
The MEI's report for the Asia Pacific region also highlighted India as the fastest-growing major economy with an anticipated GDP growth of 6.6 per cent and consumer spending projected at 6.2 per cent in 2025.
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Wed, May 29, 2024
The bank said that the device will be powered with a dual confirmation feature, providing audio cues through its speaker and visual feedback on the screen in more than seven languages, ensuring a smooth and reassuring transaction experience for both merchants and consumers.
Wed, Feb 14, 2024
According to industry sources, RBI directions to Visa and Mastercard have been issued due to concerns over non-compliance with KYC norms.
Mon, Feb 12, 2024
Powered by Mastercard, the new card will ensure a safe and secure payment experience for students, contributing to the shared vision of LEO1, Mastercard, and NSDL Payments Bank to promote digitization of financial transactions at educational institutes.
Wed, Jan 03, 2024
The initiative, themed #Swipe&Save, is said to be tailored to address the lifestyle needs of the Corporate Salary class, offering exclusive deals across various top categories.
Fri, Dec 29, 2023
As per the fintech startup the prepaid student card is designed with an aim to provide educational institutes and students with a streamlined and cost-effective payment solution.
Thu, Dec 14, 2023
Available in two variants -- LIC Classic and LIC Select -- the credit cards will let more than 27 crore policyholders across the country save in the form of reward points on every LIC insurance premium payment, as per a joint statement.
Mon, Nov 27, 2023
Adobe provides merchants with Experience Cloud, a service which powers their e-commerce platforms, giving Adobe a window into aggregate transaction data at 85 per cent of the top 100 internet retailers.
Wed, Oct 11, 2023
Speaking at the recent UBS conference, Mehra said that "it is an incredibly painful experience for ecosystem participants who all end up losing money as part of that proposition," reports TechCrunch.
Thu, Sep 14, 2023
Rajnish Kumar will guide Mastercard's South Asia executive leadership team led by Gautam Aggarwal, Division President for South Asia & Country Corporate Officer, India, in navigating the vibrant domestic payments landscape
Sat, Sep 02, 2023
Mastercard has launched ALT ID to secure online transactions for customers. It allows them to conduct e-commerce transactions without any need for saving card details.
Fri, Aug 04, 2023
Mastercard introduces CVC-less online transactions feature for Indian debit and credit cardholders. This move enhances security and streamlines digital transactions. The feature aligns with RBI's tokenisation guidelines, ensuring secure and hassle-free payments.
Thu, Sep 01, 2022
In late June, the RBI had extended the card-on-file (CoF) tokenization deadline by three months to September 30, on the back of various representations received from stakeholders.
Fri, Jun 17, 2022
On Thursday, RBI has given a big relief to Mastercard. The Reserve Bank has lifted the ban on the company. RBI had banned the issuance of new cards on MasterCard from July 2021 for non-compliance with the guidelines for data storage.
The Reserve Bank of Indian (RBI) on Thursday lifted the restrictions imposed last year on Mastercard and allowed the global payment processor to onboard new customers for debit, credit or prepaid cards in India, after satisfactory compliance with data storage norms.
Tue, Dec 21, 2021
Mastercard and Google today announced the rollout of tokenization that will enable Google Pay users to safely transact using their Mastercard credit and debit cards without any hassles.
Thu, Oct 07, 2021
In an attempt to help small businesses across India, the Confederation of All India Traders (CAIT) and the Mastercard today launched 'Digital Gyaan Se Vyapaar Nirmaan' under a joint national campaign.
Tue, Sep 28, 2021
People are on shopping spree and the companies as well as the banks are rolling out offers to attract customers during this festive season. A 10 per cent off is a reality on amazon.in.
Fri, Jul 16, 2021
As many as five private sector banks, including Axis Bank, Yes Bank, and IndusInd Bank, are to be impacted by the Reserve Bank of India's decision to ban Mastercard from issuing new cards.
Thu, Jul 15, 2021
The Reserve Bank of India (RBI) on Wednesday imposed restrictions on Mastercard from onboarding new domestic customers on its network from July 22, 2021. According to RBI, the action has been taken against Mastercard for violating the central bank's norms on storage of payment systems data.
Mastercard issued statement after getting banned in India by the Reserve Bank of India (RBI) with effect from July. 2021.
Sun, Jan 03, 2021
COVID-19 is undoubtedly driving a significant share of the current e-commerce transactions through digital payments, preparing consumers for a permanent shift.
Thu, Dec 17, 2020
With the launch of the ‘Pioneer Heritage Credit Card’, IndusInd Bank has joined the ranks with few other banks globally, that offer a credit card which has been exquisitely crafted with metal.
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