Mastercard has announced the inauguration of a cutting-edge Tech Hub in Pune, India, marking the latest addition to the company's global technology hub network. This new facility, situated in the Bluegrass Business Park, will house over 6,000 technologists and engineers, making it Mastercard's largest workforce in a single city worldwide. Aligning with India's "Viksit Bharat" vision, the Pune Tech Hub will focus on tackling complex technological challenges, ensuring secure, seamless, and efficient payments globally, while also supporting the development of innovative solutions for the domestic market, including financial inclusion initiatives and Aadhaar-based services.
Mastercard has opened a state-of-the-art Tech Hub in Pune, India, to support the company's growth in the country and advance its global technology capabilities. This new campus is the latest addition to Mastercard's global Tech Hub network, which now spans seven locations worldwide, including cities like Arlington, Dublin, and Vancouver.
The Pune Tech Hub, situated in the Bluegrass Business Park, will employ over 6,000 technologists, engineers, and experts from diverse backgrounds. This makes it Mastercard's largest workforce in a single city globally. At this hub, the company's employees will work together to tackle complex technological challenges, ensuring the reliability of critical infrastructure for secure, seamless, and efficient payments worldwide.
Mastercard has had a strong presence in India for over four decades, playing a crucial role in the country's thriving payments ecosystem. In 2014, the company established its first India Tech Hub in Pune, which has since grown significantly, demonstrating Mastercard's commitment to the local workforce and economy. Today, the Pune Tech Hub is vital to Mastercard's global operations, supporting areas like payment safety, cybersecurity, fraud detection, and digital identity.
The launch of Mastercard's new campus aligns with the Indian government's "Viksit Bharat" vision, which aims to transform the country into a fully developed, technologically advanced economy by 2047. The Pune workforce has already contributed to developing technological solutions for the Indian market, such as the financial inclusion platform Community Pass, the Payment Passkey Service, and its role as an authorized Authentication Service Agency, enabling banking and government partners to offer Aadhaar-based services and benefits.
By establishing this state-of-the-art Tech Hub in Pune, Mastercard has demonstrated its strong commitment to supporting India's digital transformation and leveraging the country's vibrant technology ecosystem. As the company's largest global workforce hub, the Pune facility will play a crucial role in advancing Mastercard's technological capabilities and driving innovation on a global scale. Through this strategic investment, Mastercard aims to deepen its collaboration with local talent and contribute to the realization of India's vision of becoming a fully developed, technologically advanced economy.
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