Mastercard President Predicts End of Physical Cards: The Digital Payment Revolution

Oct 19, 2025 12:28 am CST

Gautam Aggarwal, Mastercard's South Asia President, reveals at NDTV World Summit 2025 that plastic payment cards will likely disappear as payments become entirely digital. He discusses the shift toward biometric authentication replacing OTPs and highlights India's world-leading digital payment ecosystem while emphasizing its untapped potential.