Mastercard to leverage fintech partnerships for greater merchant acceptance

Mastercard looks at all spectrums for growth in India

Global payments company Mastercard said it does not resort to nitpicking over customers, merchants or banking partners, and is looking at all spectrums for growth in India. It is partnering various fintech companies to expand its merchant acceptance network into the underbanked regions.

“We don’t cherry-pick. We try to adapt everything we have built to suit economics of various demographics. I don’t believe that our products are for a select few. Our technology platform will accommodate everyone,” said Rama Sridhar, executive vice-president for Asia Pacific, Mastercard, in an interview to Business Standard.

While Indian domestic card RuPay has been partnering small finance