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We are pleased to announce that we have entered into a partnership with Mastercard to issue virtual and physical debit cards. With Mastercard's best-in-class mobile and artificial intelligence tools, we will provide you with the highest level of security for your digital transactions. As a first step, we have started issuing virtual debit cards to our test users, enabling them to make secure online transactions and making everyday purchases faster, easier and safer. Soon, this service will be available to all bank customers.<\/p>\n
Not only that, but within a few days you will have the option of applying for a physical card, which will enable you to make contactless transactions in-store through Mastercard's chip technology support. In addition, you will be able to withdraw cash from over one million ATMs worldwide. This new service is the latest addition to our offerings, including retail and corporate services, as we continue to make progress towards our goal of bringing more than 500 million Indians into the mainstream economy. With our strong distribution network, we already have the fastest growing bank account base in the country and plan to issue over 10 million digital debit cards in FY 2020-2021.<\/p>\n
About Mastercard (NYSE: MA), www.mastercard.com<\/p>\n
Mastercard is a technology company in the global payments industry. Our mission is to connect and power an inclusive digital economy that benefits everyone, everywhere through secure, simple, smart and convenient transactions. We leverage secure data and networks, partnerships and passion to help individuals, financial institutions, governments and businesses maximise their potential in their respective sectors through our innovations and solutions. Our Kindness Index (DQ) drives our culture and everything we do inside and outside our company. Connecting more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.<\/p>","protected":false},"excerpt":{"rendered":"
We are pleased to announce that we have entered into a partnership with Mastercard to issue virtual and real...<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1105","post","type-post","status-publish","format-standard","hentry","category-4"],"yoast_head":"\n