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Mastercard complies, now storing payments data locally in India

By Aditya Kalra

Oct 31 2018 6:48AM

Lobbying against regulatory directive falters.

Mastercard complies, now storing payments data locally in India

Global card payments giant Mastercard is storing its new Indian transaction data locally, the company said on Tuesday, as it starts to comply with a regulatory directive which US companies unsuccessfully lobbied hard to dilute. The Indian central bank in April said companies such as ...

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