MasterCard to roll out MasterPass in India
MasterCard has beefed up its technology operations in India with the opening of a technology centre in Pune.
MasterCard has beefed up its technology operations in India with the opening of a technology centre in Pune and has revealed its plans to launch its digital payments platform, MasterPass, in the country.
The facility in Pune, together with its already functional Vadodara unit, will form the largest Tech Hub outside US and the new centre taking the total headcount of its technology operations to 1,500 people by the end of 2015.
The tech teams in India will develop solutions to enhance online transactions and the payments value chain and will deploy innovations around mobile and contactless payments services.
The introduction of MasterPass will allow Indian consumers to complete online transactions via mobile device without the need to fetch card details and shipping information for each purchase.
MasterCard Operations and Technology President Rob Reeg said: “The Tech Hub gives MasterCard the opportunity to bring in talented technologists and a wealth of creative new ideas that will help shape the future of payments.”