Mastercard opens its newest Tech Hub in Pune
The new Pune Tech Hub will house over 6,000 technologists, engineers and experts from diverse backgrounds and disciplines.
The new Pune Tech Hub will house over 6,000 technologists, engineers and experts from diverse backgrounds and disciplines.
It faces a tough challenge though in breaking the bastion of foreign payment networks in both debit and credit cards.
Joe Biden says Banga has a proven track record of managing people and systems, and partnering with global leaders around the world to deliver results
Mastercard was the third US card network that was barred by the RBI for non-compliance with the local data storage norms.
The startup, backed by Amazon and Mastercard, says it uses sound waves to enable contactless digital payments with or without the Internet.
Mastercard believes the fintech revolution can take financial inclusion to the next level in India, where digital payments have already seen a significant jump.
The interoperability among prepaid instruments is perhaps the most promising move in the recent times to accelerate the digital payments ecosystem in India.
Mastercard’s Ari Sarker expects wearable payment tech to make its way into the lives of consumers soon.