appointed FIME to set up the RuPay certification scheme. As part of India’s financial inclusion plan, Pradhan Mantri Jan – Dhan Yojana, 131 million RuPay magnetic stripe debit cards have already been issued and this number is growing rapidly. All of these cards will, in time, be migrated to EMV. This latest accreditation will support

Ajay Bhalla, president of Enterprise Security Solutions at MasterCard. “For 50 years, we’ve developed new technologies that balance the need for increased security with the desire for greater convenience in payments. As these benefits become everyday features, consumers will receive even more protection and value from the MasterCard in their wallet– physical or digital.” Knowing

MasterCard’s Bidvest Bank Multi-Currency World Currency Card and the South African VAT Refund Administrator (VRA) Programme have won a Prepaid: Consumer Champion – Global award and a Prepaid: Best Government Benefits Delivery award respectively at the 2016 Paybefore Pay Awards. The Paybefore Pay Awards are the most prestigious annual recognition of excellence in the global prepaid,

Priceless in Valentine’s Day celebrations, while strengthening relationships with their customers,” commented Max Chion, executive vice president, global acceptance products for MasterCard. The study identified some other purchasing trends, highlighting some notable differences around the globe: The personal touch: Globally, 90 percent of shoppers made purchases in-person, whereas only 6 percent preferred to make their