RBI imposed restrictions on Mastercard

[Bapun]

Billionaire Chamath Palihapitiya says Visa and Mastercard will be the biggest business failures in 2022, losing out to altcoin-linked projects - Business Insider India

Palihapitiya cited Amazon's decision to ban Visa credit cards in the UK due to high transaction fees as one reason for his view.

www.businessinsider.in

 

[Kmr]

Explained: How RBI’s restriction on Mastercard impacts banking network, existing customers

The Reserve Bank of India has prohibited Mastercard from on-boarding any new domestic customers onto its card network after the payment services major failed to comply with data storage rules. Here's how the restrictions will impact the banking network and existing customers.

www.indiatoday.in