Master Card

Demonetisation: SBI waives merchant discount rate on Master, Visa debit cards

After RuPay debit cards, State Bank of India (SBI) waived off merchant discount rate (MDR) on Master and Visa debit cards. This is being done to promote digital transactions.

Nov 24, 2016, 21:48 PM IST

India's electronic financial sector has rooms for competition

There is enough room to create more competition in the electronic and digital segments of the financial markets in India, especially the cash-management through ATM-debit card use, a top MasterCard executive said.

Oct 05, 2015, 14:13 PM IST