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MASTERCARD NETWORK ACTIVITY
Mastercard to look beyond card biz; target tier 3 & 4 markets for growthMastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. ...- PNB customer alert: PSU bank suspends MasterCard network activity linked to RussiaPunjab National Bank customers using MasterCard for international transactions face continued suspension of services linked to Russia. This...
- Free airport lounge access via credit cards is getting tougher as banks tighten entry rules, set minimum spending criteriaThe logic is simple: lounge access has become a heavily used perk. Banks earlier assumed that only premium customers or frequent flyers wou...
- Will stablecoins replace Visa and Mastercard? $719 trillion forecast signals major shift in global payments by 2035Stablecoin forecast 2035 explained: Stablecoin transactions could hit $719 trillion by 2035. This surge is fueled by younger generations em...
- Crypto card spending surges to $600 million monthly: How are crypto cards becoming one of 2026’s fastest-growing payment trends?Crypto card spending growth 2026: Crypto cards are experiencing a surge in popularity, with monthly transaction volumes reaching approximat...
- Banks seek clarity from RBI on credit card network normsSeveral banks have sought clarity from the Reserve Bank of India (RBI) regarding guidelines that mandate offering existing credit card cust...
- Credit card rule change: You can soon choose from multiple card networks; when it comes into effect, who is not eligibleChoosing a credit card: The Reserve Bank of India has directed card issuers to not sign exclusive contracts with card networks that restrai...
- RBI issues directions to card networks for issuance of credit card to customersThe Reserve Bank of India (RBI) on Wednesday issued directives aimed at ensuring greater choice and flexibility for customers in the issuan...
- RBI says banks have to offer customers a choice of credit card networkThe notification follows a draft circular issued in July last year which asked banks to issue cards from more than one network provider giv...
- Taxpayers can pay tax via credit,debit card; GSTN enabled the payment modeGST taxpayers in India can now pay their tax via credit and debit cards, with the Goods and Services Tax Network (GSTN) enabling online met...
- Visa and Mastercard are firming up plans to increase competition against NPCIThe companies – among the most valued financial entities on the planet – are pursuing partnership opportunities with prospective applicants...
- High Court ruling: No equalisation levy for Mastercard Asia Pacific Ltd in IndiaThe revenue department submitted before the court that it would go by the Delhi Authority of Advance Ruling (AAR) order, in a separate case...
- MasterCard moves Delhi HC seeking a stay on payment of equalisation levy on digital transactionsThe company referred to Section 165A (2) (i) of the Income Tax Act, which states that the levy is not payable when a permanent establishmen...
- MDR fee waiver: Jan Dhan's mascot gets a joltDigital payments have grown by leaps and bounds since PM Modi embarked on a drive for financial inclusion.
- You’ll soon get to make card payments through m-walletsMobile wallet companies get a briefing on interoperability from major card networks in the country.
- Data storage norm splits digital payments industryIn a bid to narrow the growing schism, the industry is planning to send a formal representation to the regulator highlighting its concerns,...
- 'Lack of cash will push digital transactions'James Anderson, global executive vice-president, digital payments and solutions, and Porush Singh, its South Asia division president, state...
- Card fees for banks set to fall, may pass on benefit to tradersEven before demonetisation, two committees appointed by the government were examining a proposal to cut charges on card transactions.
- Oil prices hover near $71 per barrelOil prices held around $71 per barrel on Wednesday even with fresh data showing that supplies continue to build because of weak demand.
- Telemarketers to face more hang-upsThe Indian Banks Association (IBA) and the Indian Cards Council (ICC) have come together to explore setting up of a nationwide centralised ...
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