Indusind Bank, one of the fastest-growing banks in India has signed an agreement with Atos Worldline India (Venture Infotek) for point of sales (POS) acquiring solutions. Under this agreement Atos Worldline will be setting up Mastercard and VISA POS acquiring network for Indusind bank across India and will also help to establish a Merchant Establishment network.
As per the terms of the agreement Atos Worldline will help merchants to open accounts with the bank. Indusind bank will promote POS acquiring business amongst its existing customer base and newly acquired customer whereas Atos Worldline will provide the necessary support to the merchants to encourage and improve usage of POS terminals deployed at merchant establishment of bank.
Recently ElectraCard Services (ECS), a leading provider of technology and business solutions in the electronic payments domain, signed an agreement with bank to extend technology and processing services for their credit card business effective June 01, 2011.
Company Name | CMP |
---|---|
HDFC Bank | 1772.05 |
ICICI Bank | 1285.70 |
Axis Bank | 1072.10 |
Kotak Mahindra Bank | 1743.55 |
Indusind Bank | 930.00 |
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