Mastercard Takes on UPI with New Biometric Payment Passkey in India
Everest Group
SEPTEMBER 2, 2024
Mastercard has chosen India as the launchpad for its Payment Passkey Service, a new way of conducting online transactions, marking a significant step in the global payments landscape. “Mastercard’s decision to introduce its Payment Passkey service first in India is a strategic move that aligns with several key market trends and opportunities,” Pranati Dave , Practice Director at Everest Group, said.
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