Explore the latest news, in-depth reports, and executive analysis tagged with #Mastercard.
The story behind ICICI Bank's interchange recovery effort starts with merchant category codes and the economics they shape.
Some payment aggregator companies have faced penalties by card networks for misclassifying merchants under the utility merchant category codes.
The RBI has directed payment aggregators to stop the misuse of education merchant category codes (MCC)...
![The corporate credit card that wasn't really a credit card – now under the RBI lens [Exclusive]](/upload/theheadandtale.com/2026/02/1771833208_9473128f76_corporate_credit.jpg)
Two years after the RBI halted commercial card-based vendor payments, the regulator has now turned its attention to another 'corporate credit card' structure.
Visa has sent out a communication to its fintech partners asking them to stop Business Payment Service Provider (BPSP) transactions.
