Mastercard can’t issue new cards from July 22: RBI

The directive bars the US-based network from issuing either prepaid, credit or debit cards to new customers under its network in India. The RBI said the order would not impact existing customers of Mastercard.

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Jul 15, 2021 - 09:17
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Mastercard can’t issue new cards from July 22: RBI
The directive bars the US-based network from issuing either prepaid, credit or debit cards to new customers under its network in India. The RBI said the order would not impact existing customers of Mastercard.