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Fintech & Ecommerce

Mastercard Expands Tech Hub Ecosystem With New Campus in India

Mastercard Pune tech hub in India will focus on areas like cybersecurity, data analytics, and AI-driven solutions and play a key role in supporting Mastercard’s global operations and enhancing its digital infrastructure.

Mastercard Expands Tech Hub Ecosystem With New Campus in India

Mastercard has opened a new state-of-the-art tech hub in Pune, India, aimed at driving innovation in digital payment technologies both domestically and globally.

The opening of the new campus is part of Mastercard’s broader strategy to expand its global technology presence and foster collaboration between engineers and technologists to develop advanced payment solutions. Before the launch, Mastercard’s global Tech Hub ecosystem counted seven locations, including Arlington, Dublin, New York, Pune, St. Louis, Sydney and Vancouver.

Located at Bluegrass Business Park in Yerwada, Pune, Mastercard’s Tech Hub has a size of nearly half a million square meters. It will host over 6,000 experts ranging from software developers to data architecture specialists. According to the press release, the hub will be home to Mastercard’s largest workforce in a single city, globally.

Mastercard’s first India Tech Hub was also established in Pune in 2014. It was much smaller, though. Besides, the new office is much more sustainable. It is solar-powered and TRUE Platinum certified. TRUE (Total Resource Use and Efficiency) is a zero-waste certification program developed by GBCI – the world’s leading sustainability and health certification and credentialing body.

The hub design is inspired by the ‘panch mahaboots’ – five elements of nature. It also pays tribute to local culture with murals and original art by Indian artists. The campus has collaborative spaces, workstations, meeting and lounge areas, ergonomic sit-to-stand desks, and various wellness and recreational amenities, such as a quiet room, gymnasium, games room, open-air terrace and lounge, medical facility, and cafeteria.

At the Pune Tech Hub, Mastercard employees will address some of the most complex technological challenges of today spanning across cybersecurity, data analytics, and AI-driven solutions.

The Pune workforce has already delivered a few crucial technological solutions for India’s domestic market. Some examples are the financial inclusion platform Community Pass and the Payment Passkey Service which integrates biometrics and tokenization for secure online checkout and enables banking and government partners to offer Aadhaar-based services and benefits.

Besides showing Mastercard’s commitment to India as one of its strategically important regions, the new campus will support several goals within the local government’s “Viksit Bharat” vision, which aims to transform the country into a fully developed, technologically advanced economy by 2047.

Nina Bobro

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Nina is passionate about financial technologies and environmental issues, reporting on the industry news and the most exciting projects that build their offerings around the intersection of fintech and sustainability.