Thursday, July 15, 2021

India bans Mastercard from issuing new cards

INTRO:

India's central bank has banned Mastercard from issuing new debit and credit cards to domestic customers for violating data storage rules.

The move comes as an enormous blow to the US company in an important market.

Rebecca Bundhun reports from Mumbai.

IN: "The Reserve Bank of India…"
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GENERIC: http://www.fsnradionews.com/feeds/0715Indiamastercard-rb-generic.mp3