View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
  2. Company news
January 25, 2016

Yes Bank partners with Zaggle to issue prepaid cards for corporates

Indian private sector lender Yes Bank has collaborated with Indian payments startup Zaggle to issue prepaid cards to corporate customers.

By Verdict Staff

Indian private sector lender Yes Bank has collaborated with Indian startup Zaggle to issue prepaid cards to corporate customers.

The new prepaid cards will operate on the MasterCard platform, expanding the prepaid services already offered by the bank including reloadable and gift cards.

Yes Bank senior president and country head, digital banking, Ritesh Pai said: "We at Yes Bank are confident that cashless payment solutions is the way ahead in transforming financial services industry. With this partnership, Yes Bank expects to reach out to 10 million consumers and more than 10,000 corporate."

Zaggle, headquartered in Hyderabad, focuses on creating, marketing and distributing payment solutions.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International