 "MasterCard credit cards are seen in this illustrative photograph. Photo: Reuters")
Global payments network Mastercard plans to invest around Rs 16.25 billion in India by 2019 to boost digital payments in the country.
The company said it was on track to invest Rs 65 billion between 2014 and 2019, and had already invested 75 per cent of the amount. Mastercard recently opened a technology centre in Vadodara, in addition to new offices in Bengaluru, Gurugram, and a Mastercard innovation lab and operations hub in Pune. The company’s India workforce comprises 14 per cent of its global staff strength, and is the largest outside the US. “We strongly support the government’s push towards
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