Press Releases

May 2022
May 9, 2022

Mastercard cardholders can use the CRED app to make seamless payments while earning rewards and cashback

February 2022
February 22, 2022

The initiative simplifies the lives of micro-merchants by leveraging technology aided by human intervention

February 15, 2022

LFN serves more than 140,000 farmers and 200 Farmer Producer Organizations (FPOs)

January 2022
January 20, 2022

Mastercard today announced that Rajesh Mani has been appointed as Head of the company’s India Tech Hub, effective immediately and he will be based out of Pune.

December 21, 2021

The companies work together to provide consumers choice - strengthening the ease, safety, and security of digital payments in India

December 14, 2021

Collaboration to facilitate faster, risk-based lending decisions, for new-to-credit and underbanked customers, driving financial inclusion

December 2, 2021

In line with the Government’s vision of Digital India, the initiative will enable MSMEs to adopt digital technologies as they recover from the impact of COVID-19, making them self-reliant and resilient to future crises

October 28, 2021

• After a rigorous two-year pilot in Andhra Pradesh, this partnership aims to drive financial inclusion in the farmer community across South India and contribute to doubling of their incomes • Soft launched in early 2021, LFN is now serving more than 110,000 farmers and 180 Farmer Producer Organizations (FPOs)

October 25, 2021

Mastercard On-boarded major aggregators – Juspay, Paytm, PayU, and Razorpay to extend services to entire merchant ecosystem

October 21, 2021

This helps issuers and merchants comply with the RBI guidelines on the processing of e-mandate on cards for recurring transactions

October 7, 2021

• Target to equip 1 crore Indian traders with digital skills by 2022 • The initiative will enable access to digital learning for MSMEs, women entrepreneurs and small businesses owners in remote areas across 300 cities

September 22, 2021

RBL Bank and Mastercard today announced the launch of a new festive campaign, #UseBefikar, which rewards existing cardholders with exciting shopping offers and rewards.

August 12, 2021

Mastercard released its 2020 Corporate Sustainability report, highlighting how the company has responded to the challenges of the last year through innovation and trusted partnerships and is delivering on its mission to build a more inclusive, sustainable world with a digital economy that works for everyone, everywhere.

July 26, 2021

Mastercard and the American India Foundation (AIF) launched the first 100-bed mobile hospital in Civil hospital, Samarth Nagar, Jalna district, Maharashtra. The facility has been installed by AIF as part of philanthropic efforts delivered through the Mastercard Impact Fund.

July 8, 2021

Mastercard, Mumbai Metro and Axis Bank today announced the launch of ‘One Mumbai Metro Card’, to ensure contactless and cashless travel for Mumbaikars. It is a prepaid, open loop contactless card which can be used as a part of the daily transit journey with just a tap.

June 24, 2021

Mastercard today announced the appointment of Nikhil Sahni as its new Division President, South Asia & Country Corporate Officer, India, taking over from Porush Singh.  Porush Singh will be relocating to Singapore and assuming a new role within the company.

April 22, 2021

QR on Card makes payments more flexible and safer and is another solution to drive easy acceptance of digital payments for SMEs in India

April 15, 2021

Pay by Bank App will enable consumers to make payments, securely and directly from the Bank’s mobile banking app.