Private Sector

ICICI Bank launched digital and contactless ‘merchant stack’ platform

ICICI Bank launched digital and contactless 'merchant stack' platform

ICICI Bank launched digital and contactless ‘merchant stack’ platform

ICICI Bank launched digital and contactless ‘merchant stack’ platform – ICICI Bank on Thursday launched a digital and contactless banking platform for traders.

The assistance, initiated ‘merchant stack’, is focused at the more than 2 crore retail dealers in the nation to deliver banking services carefully, the second-biggest private sector bank said in a report.

“There are more than 2 crore dealers in the country with around USD 780 billion in the worth of transactions in 2020. The stack gives banking arrangements including a zero-balance current account, moment credit offices, ‘digital store management’ office, program, and worth-added services like partnerships with internet business and digital advertising platforms.

Bagchi said the help is an augmentation of a comparable stack for retail clients launched a year prior.

Read more Private Sector News on India Frontline.