RBI Asks Visa, Mastercard To Stop Card-Based Commercial Payments
While Visa has acknowledged to a communication to this effect from the regulator on February 8, a response from Mastercard was awaited.
Feb 15, 2024, 09:28 AM IST
LIC Classic, LIC Select Credit Cards With Insurance Cover Of Up To Rs 5 Lakh Launched --Check Other Benefits
LIC Classic and LIC Select, the credit cards will provide more than 27 crores policyholders across the country an opportunity to save in the form of reward points on every LIC insurance premium payment.
Dec 15, 2023, 14:48 PM IST
Fincare Small Finance Bank Introduces All-New Debit Card Along With Mastercard, Offers These Benefits To Customers
Fincare Small Finance Bank said that the newly launched Mastercard debit card comes with a host of user-friendly features, ensuring safer and more convenient digital transactions for cardholders.
Jul 31, 2023, 15:38 PM IST
Indian-American Ajay Banga Appointed As President Of World Bank
Banga, a finance and development expert, will take over the role on June 2. He was the sole contender to replace departing World Bank chief David Malpass whose term ends early next month.
May 03, 2023, 22:52 PM IST
Indian-American, Ex-Mastercard CEO Ajay Banga Nominated By Biden To Lead World Bank
Ajay Banga, 63, currently serves as Vice Chairman at General Atlantic and previously, he was President and CEO of Mastercard.
Feb 23, 2023, 21:36 PM IST
Mastercard's NFT Product Lead Chief Satvik Sethi Resigns, Citing Abuse and Emotional Suffering
In his tweet thread, Sethi accused Mastercard of shutting his accounts and shared a screenshot of what appears to be his login screen.
Feb 04, 2023, 13:12 PM IST
This work may have to be done after using a credit card
After taking a credit card, people ignore many things. Due to which they have to suffer a lot. In such a situation, important things should be kept in mind while using a credit card.
Aug 24, 2022, 20:00 PM IST
RBI lifts restrictions on Mastercard, allows it to onboard new customers
The RBI lifted restrictions on Mastercard that it had imposed last year for failing to comply with local data storage norms.
Jun 16, 2022, 18:59 PM IST
FM Sitharaman meets heads of FedEx, Mastercard, others during US visit
The Finance Minister is in the US to attend IMF-WB Spring Meetings 2022.
Apr 22, 2022, 11:10 AM IST
Russian-Ukraine War: Visa, Mastercard suspend all Russian operations
All transactions initiated with Visa cards issued in Russia will no longer work outside the country.
Mar 06, 2022, 11:05 AM IST
Amazon to no more accept THIS credit card due to high transaction fees, are you using it?
In recent months, Amazon has introduced surcharges on customers using Visa credit cards in Singapore and Australia, citing high fees.
Nov 18, 2021, 15:13 PM IST
Digitisation, Make in India discussed as Sitharaman meets top CEOs in New York
India's recently launched Rs 100-lakh-crore infrastructure master plan, digitisation and the 'Make in India' initiative were among the main topics discussed as Finance Minister Nirmala Sitharaman connected with the world's leading business officers at the Big Apple here on Saturday.
Oct 16, 2021, 23:53 PM IST
RBI bars Mastercard from issuing new cards from July 22
Mastercard, a major card issuing entity in the country, is the third company to have been barred by RBI from acquiring new customers after American Express Banking Corp and Diners Club International over data storage issue.
Jul 15, 2021, 09:39 AM IST
Stepping up against COVID-19, THIS company is donating Rs 65 crore for 2000 beds in India
The leading global payments company is donating funds to American India Foundation (AIF), a New York-based non-profit body.
May 01, 2021, 18:00 PM IST
Cryptocurrency trading volumes jumped 17% in February: Report
Trading volumes jumped to $2.7 trillion in February, with volumes at major exchanges jumping over 35 per cent to $2.4 trillion, researcher CryptoCompare said. Smaller exchanges saw volumes slump by 36 per cent to $381 billion, suggesting growing consolidation of trading at larger venues.
Mar 05, 2021, 18:05 PM IST
Mastercard to allow cryptocurrency transactions; Here’s how to do it
The firm is also planning to launch several other currencies and it claims to be in touch with several banks around the world. Mastercard already offers a customer card that allows transactions using cryptocurrencies. It has also partnered with cryptocurrency firms such as Wirex and BitPay.
Feb 11, 2021, 19:54 PM IST
De-duplication of Indian consumer data to complete by year-end: Mastercard
The moves comes in the backdrop of the regulator RBI asking such payment technology firms to comply with data localisation norms which requires them to store transactions data of Indian customers within the boundaries of India.
May 13, 2019, 10:49 AM IST
Arun Jaitley says Mastercard, Visa losing out to local players in India
RuPay process payments between banks and merchants for purchases made with credit or debit cards, while UPI instantly transfers funds between two bank accounts linked to mobile phones.
Nov 09, 2018, 09:34 AM IST
Mastercard lodged US protest over 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.
Nov 02, 2018, 14:41 PM IST
Mastercard ends meals-for-goals campaign with Neymar, Lionel Messi
Mastercard said it was changing a campaign in which thousands of free meals were to be given to the needy every time football superstars Neymar and Messi scored goals.
Jun 05, 2018, 11:15 AM IST
