03 November, 2018

Mastercard- is it a crybaby ?

In an EXCLUSIVE New Reuters told that they have seen a complaint by mastercard to the US government. :
"Mastercard told the U.S. government in June that Prime Minister Modi was using nationalism to promote the use of , and India’s protectionist policies were hurting foreign payment companies, a document seen by Reuters showed"


People in India replied Mastercard in a proper manner for which there is no answer has been given by Mastercard.

When Trump does it its Economic Nationalism & when Modi does it they call it Protectionism.

How is it different from USA's protectionist policies imposing sanctions on Chinese imports? It hurts when you're at the other end. I support ban on Mastercard and Visa

As an Indian, I will stop using the from now. I will use card and where needed.

A lot of people are using the hashtag  to boycott Mastercard for such foul crying when its not able to compete with the Home grown Rupay by NPCI.

Incidentally the CEO of Mastercard is an Indian. Ajay pal Singh Banga. Hope some sense prevails in Mastercard. And instead of crying fouls it should come up with innovative offers and userfriendly service just like Visa and Rupay did.

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