Page 4 - Mastercard

Mastercard, Razorpay partner to drive digital payments for small businesses

The tie-up aims to drive digital payments acceptance by small businesses and start-ups in the country

Mastercard beats Wall Street profit estimates as customers spend more

Excluding items, Mastercard reported net income of $1.6 billion for the quarter ended Dec. 31, or $1.64 per share, compared with $2 billion a year earlier, or $1.96 a share

Pine Labs launches AllTap app to turn phone into payment acceptance device

With AllTap, small merchants who aren't ready to invest in a traditional point-of-sale terminal can immediately start accepting digital payments on their NFC-enabled smartphone

Best of BS Opinion: De-fanging FAANG, Modi's index of alarm, and more

Here's a selection of Business Standard opinion pieces for the day

UK Supreme Court enables $18.5 billion class action against Mastercard

The judgment dismisses an appeal by Mastercard

Mastercard to investigate allegations of child abuse against Pornhub

Mastercard said on Sunday it was investigating allegations against Pornhub.com following a newspaper column which said many videos posted on the adult website depicted child abuse

Mastercard reviews ties with Pornhub after NYT columnist's complaints

Nicholas Kristof's column in the Times describing recordings of assaults and a naked video of a 14-year-old girl sparked outrage on social media

Ex-US Ambassador to India Richard Verma joins Mastercard as executive VP

In this capacity, Verma will oversee the company's public policy, regulatory affairs and litigation teams around the world, Mastercard said in a statement

Signzy, no code AI platform raises $5.4mn led by Arkam Ventures, Mastercard

Signzy''s existing investors, Kalaari Capital and Stellaris Venture Partners also participated in the current round, a statement said

Delhi HC issues notice to govt over google tax on MasterCard's subsidiary

The issue: if the Asia Pacific arm does not have permanent establishment in India, it must pay 2% equalisation levy, but if it does then it will pay the normal tax

Anand Mahindra, global CEOs endorse plan to build better economic system

The global CEOs include Ajay Banga (Mastercard), Alan Murray (Fortune Media), Dan Hendrix (Interface), Dylan Taylor (Voyager Space Holdings), Emmanuel Faber (Danone) and Feike Sijbesma (DSM)

Mastercard profit tops estimates as lower costs soften spending hit

Mastercard Inc's quarterly profit beat Wall Street estimates, as lower costs helped dull the blow from fewer people using the payment processor's cards during the Covid-19 pandemic

Mastercard to invest Rs 250 cr over five years to reboot Indian SMEs

Plans roll out initiatives to improve digital payments awareness among small businesses; will provide low-cost acceptance online and offline solutions that are simple, safe and secure

Airtel group ties up with Mastercard to develop products for farmers, SMEs

The collaboration will bring together Mastercard's global and local experience in developing advanced financial solutions and Airtel Payments Bank's strong distribution network

Contactless cards may come in handy amid Covid-19, but there is risk

However, one has to be cautious, as electronic pickpocketing is catching up

RBL, Zomato and Mastercard to launch new co-branded credit cards

The 'Edition Cards' will offer a host of benefits for cardholders every time they use Zomato or spend online and offline

Coronavirus outbreak: After Mastercard, now PayPal expects a revenue hit

"We currently estimate the negative impact from COVID-19 to be an approximate one percentage point reduction, to PayPal's year-over-year revenue growth for the first quarter," the company said in a s

Michael Miebach is Mastercard new CEO, Banga moves to executive chairman

Miebach will also get a seat on the board at the company, based in Purchase, New York.

After Aditya Puri, who?

Puri retires in October this year

HDFC Bank, Mastercard, SAP Concur team up to manage spending in corporates

HDFC Bank will offer a corporate credit card for business travellers, providing a one-stop solution for payment and expense management during business trips