-81.30 (-2.82%) Mphasis has entered into a strategic partnership with ToneTag, a sound-based proximity communication provider, to provide a range of digital banking solutions for the banking and retail industries. Through this partnership, ToneTag and Mphasis aim to enrich the retail experience in the offline establishments of both banking as well as commerce industries.
As part of the agreement, Mphasis will collaborate to build solutions and be an integration partner for ToneTag’s sound-based technology globally to enable contact-less proximity communication, location based services and customer engagement services among other solutions.
With this, Mphasis will be providing omni-channel customer engagement and frictionless checkout solutions to benefit physical outlets, dealerships, bank branches as well as experience stores.