Mastercard
Finance
RBI says foreign firms can process transactions abroad, but must store data in India
Foreign payment firms such as Mastercard and Visa can process transactions made in India outside of the country but the ......
TMT
US considers H-1B visa caps to deter India data storage rules
The United States has told India it is considering caps on H-1B work visas for nations that force foreign companies ......
TMT
RBI to review data storage rules that irked Visa, Mastercard
India will examine concerns raised by foreign technology companies around stringent rules to store data locally, the government said on ......
General
Foreign investors hope PM Modi dials back policy shocks after big election win
Foreign companies in India have welcomed Prime Minister Narendra Modi’s election victory for the political stability it brings, but now ......
Finance
Mastercard, Visa losing out to UPI, RuPay: Finance minister Arun Jaitley
India’s finance minister said on Thursday that Mastercard and Visa were losing market share to domestic payments networks, months after ......
TMT
Amazon, Mastercard lead funding round in mobile payments firm ToneTag: Report
Bangalore-based Naffa Innovations Pvt. Ltd, which operates mobile payments technology platform ToneTag, has raised $8-10 million from a group of ......
Finance
Digital here to stay despite remonetisation, say panellists at VCCircle event
The government’s demonetisation move last November provided a fillip to the digital payments industry and brought about lasting change in ......
TMT
Former MasterCard exec Arif Khan to drive innovation at Razorpay
Razorpay Software Pvt. Ltd, which runs payment gateway company Razorpay, has roped in Arif Khan, a senior MasterCard executive, as ......
TMT
Health-snack startup Snackible raises $175K in angel round
Mumbai-based LightSaber Food Ventures Pvt. Ltd, which sells health snacks through online and offline channels under the Snackible brand, has ......
General
BharatQR code: Another milestone on the less-cash road?
Following its demonetisation move on November 8 last year, the government has taken a series of steps towards a less-cash, ......