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Pine Labs joins ICICI Bank to accept digital rupee on its PoS terminals Merchant commerce omni-channel platform Pine Labs on Tuesday announced the acceptance of digital rupee on its point of sale (PoS) terminals in partnership with ICICI Bank. To begin with, Pine Labs will accept e-rupee across key retail outlets in Mumbai and Bengaluru via dynamic QR, built within its smart Android PoS terminals. "Central bank digital currency (CBDC) and digital rupee opens up exciting opportunities. Pine Labs is happy to partner with ICICI Bank in launching CBDC as a...
Pine Labs joins ICICI Bank to accept digital rupee on its PoS terminals
Pine Labs joins ICICI Bank to accept digital rupee on its PoS terminals
Source: IANS
2/05/2023 12:55:40 PM
Pine Labs & Thomas Cook India partner to enable UPI payments to merchants for foreign nationals from G20 nations * Collaborated with NPCI for UPI enabled Indian Rupee payments for foreign nationals from G20 nations * Successfully completed first UPI-PPI wallet transaction for a G20 foreign national at Bengaluru Airport on February 21, 2023 * To go live at all Thomas Cook airport counters * Pine Labs launches FaveMoneyto enable the payment process Pine Labs, a leading merchant commerce omnichannel platform and Thomas Cook (India) Limited, India’s leading foreign exchange service pr...
Pine Labs & Thomas Cook India partner to enable UPI payments to merchants for foreign nationals from G20 nations
Pine Labs & Thomas Cook India partner to enable UPI payments to merchants for foreign nationals from G20 nations
Source: PR Agency
23/02/2023 2:38:32 PM
India`s Pine Labs eyes $4-5 billion in monthly payments volume from new business India's Pine Labs is targeting $4 billion to $5 billion in monthly transactions within two years for its new online payments business, its chief executive told Reuters. At that point, online payments should contribute 20% of revenue, Pine Labs chief executive Amrish Rau said, disclosing the company's targets for the first time since it entered online payments. Valued at $5 billion and with investors including Mastercard and Singapore's Temasek, Pine Labs has for years provid...
India`s Pine Labs eyes $4-5 billion in monthly payments volume from new business
India`s Pine Labs eyes $4-5 billion in monthly payments volume from new business
Source: Reuters
5/08/2022 3:38:41 PM
Pine Labs acquires API fintech startup Setu Merchant commerce platform Pine Labs on Thursday announced it is acquiring Bengaluru-based application programming interface (API) fintech startup Setu for an undisclosed sum. Setu's APIs are being used across industry verticals, including startups, retail enterprises, banks, insurance and lending companies - from Aadhaar eSign to BBPS bill payment, payment collection integration via WhatsApp, FASTag payment collection and more. "Embedded financial services and open banking are...
Pine Labs acquires API fintech startup Setu
Pine Labs acquires API fintech startup Setu
Source: IANS
23/06/2022 5:03:33 PM
Home Credit India strengthens digital EMI-led retail loan business with Pine Labs partnership With the continued focus on 'Digital-first' approach to retail loans business, Home Credit India, a local arm of the international consumer finance provider, on Monday announced its partnership with the leading merchant commerce platform, Pine Labs. This partnership will further strengthen Home Credit India's retail network and enhance access to its Ujjwal card's digital EMI-financing options to millions of Home Credit customers at Pine Labs PoS terminals across India. E...
Home Credit India strengthens digital EMI-led retail loan business with Pine Labs partnership
Home Credit India strengthens digital EMI-led retail loan business with Pine Labs partnership
Source: IANS
11/04/2022 2:46:58 PM
Pine Labs raises $50 mn, to expand BNPL offering in Southeast Asia Leading merchant commerce platform Pine Labs on Wednesday said it has raised $50 million from Vitruvian Partners, a London-headquartered international investment firm. Pine Labs serves large, mid-sized and small merchants across India and Southeast Asia, and is expanding its Buy Now Pay Later (BNPL) offering in Southeast Asia. "We aim to further strengthen our recent foray in online payments via Plural and take our Buy Now Pay Later (BNPL) offering to new markets through strategic ...
Pine Labs raises $50 mn, to expand BNPL offering in Southeast Asia
Pine Labs raises $50 mn, to expand BNPL offering in Southeast Asia
Source: IANS
30/03/2022 10:41:16 AM
Kotak Partners Pine Labs as it scales up its Merchant Acquiring Business Mumbai, 21st October, 2021: Kotak Mahindra Bank Limited (KMBL) today announced that it has entered into a partnership with Pine Labs, a leading merchant commerce platform, specialising in merchant acquisition through innovative payment products, Pay Later offering, loyalty programmes, stored value solutions and other value-added services. This tie-up will enable KMBL to expand its merchant acquiring and Point of Sale (PoS) services to more merchants, especially retailers. Pine Labs ha...
Kotak Partners Pine Labs as it scales up its Merchant Acquiring Business
Kotak Partners Pine Labs as it scales up its Merchant Acquiring Business
Source: PR Agency
21/10/2021 1:46:36 PM
Pine Labs acquires consumer fintech platform Fave for $45M Merchant commerce platform Pine Labs on Tuesday said it has acquired Fave, Southeast Asia's fast-growing consumer fintech platform, for over $45 million. Pine Labs said that with this acquisition, the consumers in India will be able to use Fave app later this year to save across 500,000 merchant network points powered by Pine Labs across 3,700 cities. ""Fave helps consumers apply their best rewards, coupons, gift cards and cashbacks on all transactions in a seamless manner...
Pine Labs acquires consumer fintech platform Fave for $45M
Pine Labs acquires consumer fintech platform Fave for $45M
Source: IANS
13/04/2021 5:04:36 PM