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MASTERCARD BAN
Russian banks may issue cards with China's UnionPay as Visa, Mastercard cut linksRussian-issued Mastercard and Visa cards would be accepted within Russia until their expiry, the bank said. The overseas ban also applies t...06 Mar, 2022, 06.53 PM IST- Visa complains to US govt about India backing for local rival RuPayIn public Visa has downplayed concerns about the rise of RuPay, which has been supported by public lobbying from Prime Minister Narendra Mo...29 Nov, 2021, 10.14 AM IST
- US trade official called India's Mastercard ban 'draconian'RBI ban on Mastercard - a top payment network in India alongside Visa - triggered a flurry of emails between US officials in Washington and...19 Sep, 2021, 01.56 PM IST
- Mastercard ban: RBL Bank restarts credit card issuances with rival VisaRBI had banned Mastercard from issuing any new cards on July 14 this year for not complying with data localisation requirements. The move h...15 Sep, 2021, 01.28 PM IST
- Mastercard ban: RBI seeks action plan from banksThe Reserve Bank of India has also reached out to various lenders on the problems being faced by the broader banking system after it barred...26 Jul, 2021, 10.17 AM IST
- ‘Mastercard’s dual record maintenance led to RBI ban’Mastercard is said to have failed to erase the Indian leg of the transaction data from overseas servers within 24 hours as mandated by the ...22 Jul, 2021, 06.00 AM IST
- RBI's Mastercard ban likely to create monopoly in credit card market in IndiaWhile homegrown platforms are expected to gain modestly, Visa's superior reward offerings to merchants and the government's zero Merchant D...21 Jul, 2021, 09.53 AM IST
- BharatPe banks on engineersIn today's ETtech Morning Dispatch: Making sense of BharatPe's banking foray; Mastercard ban gives Visa all the power; Over 150,000 IT jobs...20 Jul, 2021, 10.14 AM IST
- RBI’s Mastercard ban may hit Citibank India’s retail business saleWhile the ban does not impact existing customers and businesses, it will impact addition of new clients between now and the actual sale and...20 Jul, 2021, 09.49 AM IST
- Ban on Mastercard may see a huge chunk of new business going to VisaWhile homegrown platforms are expected to gain modestly, Visa’s superior reward offerings to merchants and the government’s zero Merchant D...20 Jul, 2021, 06.29 AM IST
- RBI-Mastercard faceoff: How things came to this pass, and what nowThe need for independent, domestic payment networks cannot be overestimated. Russia’s experience in 2014, when both Mastercard and Visa vir...18 Jul, 2021, 11.28 PM IST
- Failover mechanism protects us from MasterCard ban: HDFC Bank MD Sashidhar Jagdishan“MasterCard is a significant franchise partner for the bank, but the good part is like in most of our businesses we patronise on open archi...17 Jul, 2021, 08.50 PM IST
- Fresh card issuance by 5 private banks to be impacted due to ban on Mastercard by RBI: ReportBesides these five banks, Bajaj Finserve and SBI Card may face problems as they were also issuing cards of this payment gateway. So, in all...16 Jul, 2021, 04.21 PM IST
- Mastercard ban will hit exclusive tie-upsRBI’s restrictions on Mastercard will hit credit card issuance by a host of entities. RBL Bank and Yes Bank and entities like Indigo, Marut...16 Jul, 2021, 08.20 AM IST
- Will Mastercard's loss benefit Visa and homegrown RuPay?While RBL Bank signed up with Visa as recently as last week, a Yes Bank spokesperson said the bank is evaluating migrating to other platfor...16 Jul, 2021, 07.43 AM IST
- Decoded: How RBI's latest ban on Mastercard affects youThe RBI said that the restrictions have been imposed as in spite of lapse of considerable time and adequate opportunities being given, the ...15 Jul, 2021, 03.33 PM IST
- RBL Bank's credit card issuance rate to be impacted post RBI's Mastercard ban"Our bank's current run rate of approximately 1,00,000 new credit card issuances per month could potentially be impacted till such time tha...15 Jul, 2021, 10.39 AM IST
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