Mastercard to invest $1 bn in India to build Tech R&D for India
Global payments company Mastercard has planned to invest nearly $1 billion in India over the next five years towards the development of new technologies and products.
The proposed investment will be made over five years in our India operations includes an R&D facility at Pune and another center at Vadodara.
These facilities catered to the company’s global operations, of which Vadodara provided the backend multiple payment support.
Master Card Vice President Khanna noted that Mastercard, as a technology-driven global entity, was keen to evolve by offering more customer-centric and value-added services using the digital platform.
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