-1.35 (-0.34%) Kotak Mahindra Bank 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 the bank to expand its merchant acquiring and Point of Sale (PoS) services to more merchants, especially retailers.
Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.