Sunday, Nov 27, 2022



RBI lifts new card ban on Mastercard

June 17, 2022 1:38 am

The central bank had imposed restrictions on Mastercard from on-boarding new domestic customers (debit, credit or prepaid) onto its card network from July 22, 2021 for non-compliance with the RBI regulations for storage of data in India.

Mastercard files for 15 metaverse, NFT related trademark applications

April 13, 2022 10:42 am

Mastercard has filed 15 non-fungible-token and metaverse related trademark applications with the United States Patent and Trademark Office.

US majors still dominating cards, payments ecosystem; homegrown companies gain ground

March 14, 2022 7:00 am

Over 66% share in UPI payments, 50% in card transactions

Mastercard, Visa suspend operations in Russia after invasion

March 06, 2022 8:39 am

The twin suspensions were announced within 16 minutes of each other, and they followed a private video call earlier in the day between President Volodymyr Zelenskyy of Ukraine and US lawmakers.

Mastercard launches cryptocurrency enabled payment cards in Asia Pacific

November 09, 2021 7:40 pm

The development comes at a time after a Mastercard survey revealed that 45 percent of those surveyed are likely to consider using cryptocurrency in the next year.

Explained: Mastercard's new regulations for adult content sellers and its impact

October 21, 2021 10:40 am

Mastercard has long prohibited merchants from engaging in unlawful activity on its network. The firm has previously forged partnerships with groups for missing and exploited children.

US trade official called India's Mastercard ban 'draconian'-emails

September 20, 2021 6:25 am

The Reserve Bank of India accuses the companies of breaking local data-storage rules. The bans do not affect existing customers.

Mastercard barred from adding clients

July 15, 2021 10:02 am

The RBI order will not impact existing customers of Mastercard, it said. The central bank said Mastercard should advise all card issuing banks and non-banks to conform to these directions.

Razorpay partners with Mastercard to launch 'MandateHQ' for recurring payments

July 08, 2021 11:02 am

Razorpay, which is backed by Sequoia Capital, GIC, and others, aims to integrate MandateHQ with more than 50 banks in the next 12 months.

Mastercard to review Pornhub ties after column spurs outrage

December 06, 2020 8:35 pm

“We are investigating the allegations raised in the New York Times and are working with MindGeek’s bank to understand this situation, in addition to the other steps they have already taken,” Mastercard said in a statement.