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.
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