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UPI takes lead, while COD stays strong in tier 2, 3 cities

Despite the digital boom, Cash on Delivery (COD) continues to dominate in tier 2 and 3 cities, where trust in online payments is still developing.IndiaRetailing Insights: In India’s rapidly evolving retail and payment landscape, the Unified Payments Interface (UPI)...

Mastercard collaborates with Boat

The collaboration will enable Mastercard cardholders to enable the tap and pay functionality on their Boat smartwatch Bengaluru: Indian audio wearables brand Boat has collaborated with multinational payment card services corporation Mastercard to enable tap and pay functionality on its...

RBI asks Visa, Mastercard to stop card-based commercial payments

The development comes on the heels of the RBI initiating regulatory actions against Paytm Payments BankNew Delhi: The Reserve Bank has asked international payments major Visa and Mastercard to stop card-based commercial payments made by small and large businesses...

NRF 2023 Insights: The retailer’s guide to loyalty experimentation

The whitepaper by Mastercard released at NRF 2023 explores how business experimentation can enhance retailers’ ability to measure and optimize personalization and loyalty initiatives Travel restrictions spurred many consumers to shift their budgets from travelling to shopping amid the pandemic. But...

CAIT launches Digital Rath to boost digital payments

In its efforts to incentivise digital payments in the country, the Confederation of All India Traders (CAIT) has launched a Digital Rath under its national campaign "Cashless Bano India" in association with MasterCard to boost digital payments among traders...

In Asia Pacific, Indian online shoppers feel most secure: Survey

Online shoppers in India continue to feel most secure when compared to their counterparts across the rest of the Asia Pacific (APAC) region, a Mastercard Online Shopping Survey said here on Tuesday. According to the latest survey, India leads the...

'India is world's fastest growing e-commerce nation'

Leading global credit card company, Mastercard has identified India as one of the 'fastest' growing e-commerce nations in the world, saying it plans to increase its investments in the country. The credit card company claims it has already grown by...

Amazon wants patent for buying items using selfies

Online shopping giant Amazon is seeking a US patent to use selfies instead of passwords for shopping using smartphones. Amazon feels that as compared to passwords or identification numbers, combining sensor and camera capabilities in smartphones with face and gesture...

Wal-Mart opposed to $6-billion credit card fee settlement

Wal-Mart Stores has urged retailers to reject a proposed $6-billion settlement that Visa, MasterCard and major banks have agreed to pay retailers for alleged fee fixing. The retailer said that the settlement doesn't restrict credit card issuers from continually...

Kroger partners with U.S. Bank to reward customers

U.S. Bancorp's U.S. Bank, the fifth largest commercial bank in the country, and The Kroger Co, one of the nation's largest grocery retailers, has recently announced that U.S. Bank will issue credit cards and reloadable prepaid debit cards with...
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Japanese furniture retailer Nitori opens 1st Indian store at R City Mall, Mumbai

The inaugural ceremony at the 1.2 million sq. ft. R City Mall, which attracted 1 million monthly visitors, began...
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