Tag: Mastercard

Mastercard & USAID Partners to launch “Project Kirana”

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  • Mastercard and the United States Agency for International Development (USAID) have collaborated under Women’s Global Development and Prosperity Initiative (W-GDP) to launch ‘Project Kirana’ in India, to help women entrepreneurs grow and thrive.

Central Bank Digital Currencies (CBDCs) recently launched by Mastercard

Mastercard
  • Payments giant Mastercard announced the launch of a proprietary virtual testing environment for central banks to evaluate Central Bank Digital Currencies (CBDCs) use cases.

SBM Bank India, Mastercard pairs-up to facilitate cross border remittances by Mastercard Send

Mastercard
  • SBM Bank India (promoted by Government of Mauritius) and Mastercard have tied hands to facilitate cross-border payments and transmittals services by using ‘Mastercard Send’.
  • Mastercard Send is a secured and innovative solution – crafted to improve domestic and cross-border payments and transmittals.

Airtel Payments Bank pairs up with Mastercard for farmers, SMEs

Airtel Payments Bank
  • Airtel Payments Bank has tied-up with Mastercard to generate customized financial products for Indian farmers and Small and Medium Enterprises (SMEs). These financial products mainly for those territories where there is less access to bank administrations.

PayTm sign MoU with Mastercard to issue virtual and physical cards

Paytm Payments Bank to now issue Visa debit cards
  • PayTm payments bank has signed MoU with Mastercard to issue new virtual and physical debit cards for users. 
  • These cards can be used just like all other cards for any type of transaction.

Mastercard CEO Ajay Banga resigns

Ajay Banga

Mastercard Chief Executive Officer Ajay Banga will be resigning at the start of the next year and will be taken over by Chief Product Officer Michael Miebach.