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May 25, 2020updated 01 Apr 2022 5:10am

Zaggle and Visa partner on payments solutions for SMEs and startups

India-based company Zaggle has partnered with Visa to support different payments solutions to improve overall productivity and efficiency for local startups and SMEs.

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Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
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Businesses can use Zaggle’s applications for automating routine business processes and cut operational costs. Startups and SMES will also be able to leverage credit solutions offered via a card.

The firm aims to help businesses impacted due to the Covid-19 pandemic. It will launch the Founders Card, a credit card targeting founders and CEOs of startups and SMEs. The card is set to be available within the coming 45-60 days.

Commenting on the Visa alliance, Zaggle founder Raj Phani said: “This partnership will help us expand our services and client base who need to improve automation and digitize spends to bring in more transparency.

“In addition to this, our collaboration focuses on improving the working capital management of SMEs who are in dire need of a payment instrument that will help them optimize and improve cash flows for all their business expenses.”

As part of the alliance, the fintech will leverage Visa’s payments expertise to co-develop and build new solutions for SMEs.

Visa India & South Asia head of products Arvind Ronta said: “SMEs remain the backbone of our economy. Now more than ever before, it has become more important for SMEs to assess how to best digitize their businesses.”

Zaggle recently launched its free SAVE do-it-yourself (DIY) artificial intelligence (AI)-backed expense management solution for SMEs, along with other API banking products.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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