Sorry, No Mastercard? Digital Trade Needs Rules Jul 16 2021, 1:41 PM July 16 2021, 4:00 AM July 16 2021, 1:41 PM (Bloomberg Opinion) -- Mastercard Inc. has been told not to issue new cards in India. Itâs a move that underscores the urgent need of a U.S.-led digital trade pact to set global standards for what sovereign states can and cannot do to firms that obtain and process data internationally. (Bloomberg Opinion) -- Mastercard Inc. has been told not to issue new cards in India. Itâs a move that underscores the urgent need of a U.S.-led digital trade pact to set global standards for what sovereign states can and cannot do to firms that obtain and process data internationally.Â