Visa launches NCMC card for multimodal transport

Payments technology leader Visa has announced the launch of the National Common Mobility Card (NCMC) as conceived by the Ministry of Housing and Urban Affairs. Also known as ‘One Nation, One Card’ according to the firm, it is an interoperable transport card that can be used for payments across all transit segments. Continue Reading

Complete de-duplication of Indian data by year end: Mastercard

Global payments giant Mastercard has started to delete transactions data of Indian consumers from US-based servers, and saving the same in India, from this month and expects to complete the de-duplication exercise by this year-end, a top official said. Continue Reading