Karnataka Bank has entered into a strategic partnership with Pine Labs Ltd., a provider of Point-of-Sale (PoS) solutions, to strengthen its digital payment offerings for customers.
Speaking at the launch, Raghavendra S Bhat, MD & CEO, Karnataka Bank, said the partnership aligns with the Bank’s vision of becoming the ‘Digital Bank of the Future’.
He noted that Pine Labs’ user-friendly and reliable PoS solutions play a key role in the evolving digital payments ecosystem, enabling retail and MSME customers to access advanced PoS terminals and drive digital adoption.
Raja B S, Chief Operating Officer, Karnataka Bank, added that the collaboration will help the Bank deliver next-generation digital payment solutions and meet the changing needs of its customers. He also highlighted that the service will be available across all branches, encouraging customers to adopt the offering.
The event was attended by senior leadership from both organisations, including General Managers- Raghuram H S and Venkateswarulu Mallineni from Karnataka Bank, along with Sumit Chopra, Chief Operating Officer, and Swapan Ghosh, EVP Bank Alliance, representing Pine Labs.
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