Mastercard Embraces AI for Future of Payments: Seamless, Secure Transactions Ahead

• Mastercard showcases readiness for AI-powered payments at the AI-India Impact Summit, transitioning to automated, conversational commerce.
• Gautam Aggarwal, President, India & South Asia, Mastercard, highlights the shift from fragmented app-based interactions to seamless AI-driven experiences.
• Intelligent agents will automate daily tasks like bill payments and food ordering through single conversational interfaces, reducing human interaction.
• Security remains a core focus, with fraud detection embedded in Mastercard's infrastructure to counter increased digital fraud attempts.
• Mastercard views AI as a multifaceted tool for productivity, innovation, and revenue generation, positioning India as a tier-I player in AI innovation.