Mastercard is betting big on India. The card company has invested $1bn in the Indian market in the last five years and is expected to invest another $1bn in the next five years. Mastercard also plans to make the country a global technology node for its various platforms. It is estimated that there are about 990 million cards in circulation in India and of these a vast majority, 945 million, are debit cards.
Addressing the audiences at the Content Marketing Summit Asia (CMS) held in May 2019 in Mumbai, Puneeth Bekal, director – marketing at Mastercard, spoke about how they...