Topic: Mastercard
World’s First “Crypto-Backed” Payment Card
Crypto lender Nexo has collaborated with Mastercard to launch the world’s first “crypto-backed” payment card. This launch has signaled the move by financial and crypto networks to collaborate...
Suspension of Card Services in Russia
Due to US sanctions imposed on Moscow as a result of the ongoing crisis in Ukraine, American card network operators Mastercard, Visa, and American Express have suspended their...
HDFC Bank, Mastercard, USAID commit $100-mn credit facility
HDFC Bank, Mastercard and USAID have committed $100-mn credit facility with the aim to expand lending to small businesses. Key Points New credit facility will help small businesses...
Razorpay- Mastercard launch MandateHQ payment interface
Payments solution provider Razorpay has partnered with Mastercard to launch ‘MandateHQ’. Key Points MandateHQ is a payment interface that will help card-issuing banks to enable recurring payments for...
Mastercard-Instamojo tie up to assist MSMEs, Gig workers
Mastercard announced a strategic equity investment in Instamojo on June 28, 2021. Key Points Investments in India’s largest full-stack digital solutions provider, Instamojo, is aimed at empowering MSMEs...
Project Kirana launched by Mastercard and USAID
On November 19, 2020, Mastercard and United States Agency for International Development launched “Project Kirana”. The programme will enable women entrepreneurs to grow, launch and thrive. What is...
RBI to set new QR code rules to change payment picture of India
The Reserve Bank of India recently ordered payment system operators (PSO) from launching new proprietor QR code for transactions. The apex Bank asked the PSOs switch to at...
IndiGo launches its first co-branded credit card
India’s leading airline IndiGo recently launched its first co-branded credit card named ‘Ka-Ching’ in collaboration with HDFC Bank and MasterCard. The card is available in basic and premium...
