Payments Firm Worldline And SignCatch To Partner For Merchant Digitisation
Listen to This Article
Worldline, a French payment service firm, on Thursday said it will work with India’s SignCatch, which provides cloud-based retail solutions, to roll out a merchant digitisation programme (MDP).
The partnership will enrol 100,000 merchants in India, leveraging SignCatch’s super-app Bech in businesses like retail stores, supermarkets, grocery shops, bakeries, cafes, and restaurants in the first three months of launch.
MDP will empower small business owners to digitise their brick-and-mortar operations, activate digital payments and set up an online presence, said Worldline in a statement.
“In 2022, we announced our collaboration with SignCatch and now we are all set to launch the offering to empower the Micro and SME segments retailers," said Vishal Maru, executive vice president of financial institutions of Worldline in India.
Worldline will offer its Android POS terminals branded as ANTERA to merchants, using partner banks for the purpose. "I believe that the offering will become more exciting by enabling the ONDC features in the near future," said Maru, referring to the open e-commerce network backed by the Indian government.
Working with a global payment solutions giant like Worldline will open up business opportunities for MSMEs and brands, said Duggal.
Bech enables small business owners to create product catalogues for billing, purchasing, and promoting their businesses with in-app marketing tools. It also offers value-added services like quick billing, delivery logistics, B2B purchasing along with a fully integrated payment stack, said Worldline.
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more
Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector
The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more
JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism
In a week marked by strong financial performance, JPMorgan Chase & Co. reported a 25% rise in profits, and US small-... Read more
Big Banks Vs. Regional Banks: The Battle For Market Share
The financial industry is a competitive landscape where big banks and regional banks vie for market share. Each type of ... Read more
The Evolution Of Philanthropic Advisory Services In Private Banks
The landscape of philanthropic advisory services provided by private banks has undergone a significant transformation. T... Read more