Mastercard expands its Vadodara technology centre

Mastercard today said it has opened an expanded technology centre in Vadodara to drive the next level of growth and support the government's agenda for digital and less-cash society.

The new campus, it said, reinforces the company's support of the government's initiative to enhance India's digital capabilities.

Spread across 65,000 square feet, the state-of-the art facility will serve as a natural collaboration centre for more than 700 employees, said Mastercard, a technology company in the global payments industry.

"The expansion of our technology centre in Vadodara is an extension of our undertaking to drive the next level of growth and support the government's agenda to shape a digital future and less-cash society in the market," said Ari Sarker, co-president, Asia Pacific, Mastercard.

The Vadodara centre, Mastercard said, is part of the company's vision to build a world beyond cash in India and beyond.

Over the past few years, it has contributed to the 'Make in India' and 'Digital India' campaigns.

In 2017, Mastercard collaborated with the Indian government to launch Bharat QR, an application that provides local, small and medium enterprises with a low-cost way to accept digital payments from any type of mobile phone.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel