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RuPay credit cards: UPI integration gives a fillip to RuPay credit cards distribution

RuPay credit cards are seeing a growth in usage after linking with UPI, with its issuance at 30%, up from a mere 5% in 2022-23. The shift towards UPI-based credit cards on third-party apps like Google Pay and PhonePe poses a challenge for banks, raising concerns about customer retention and cross-selling. Fintech startup Fibe, led by Ashish Goyal, foresees a potential share struggle among top UPI apps.
United States Aashish Goyal Mohit Bedi Ramakrishnan Ramamurthy Offering College Axis Bank

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Mastercard Incorporated (NYSE:MA) Shares Purchased by MayTech Global Investments LLC

MayTech Global Investments LLC increased its stake in Mastercard Incorporated (NYSE:MA – Free Report) by 0.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 63,799 shares of the credit services provider’s stock after buying an additional 151 shares during the […]
United States Piper Sandler Craig Vosburg Cross Staff Investments Inc Securities Exchange Commission Mastercard Incorporated

Mastercard Incorporated (NYSE:MA) Holdings Reduced by Argent Capital Management LLC

Argent Capital Management LLC decreased its stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 242,858 shares of the credit services provider’s stock after selling 6,716 shares during the quarter. Mastercard comprises […]
United States Sandraa Arkell Piper Sandler Wells Fargo Company Argent Capital Management Capital Research Global Investors

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