Axis Bank collaborates with Alliance Network India for POS aggregation, ET BFSI

Alliance Network on Thursday announced its entry into the Indian market through a partnership with Axis Bank for POS aggregation to enhance India’s digital payment landscape.

The collaboration combines Axis Bank’s reach and transaction support with Alliance Network’s technologies to offer solutions that help merchants grow their businesses.

This partnership aims to promote digital transformation and growth in payments and merchant services in India. Senior executives from both Axis Bank and Alliance Network were present to discuss the significance of this collaboration.

“We believe this partnership will not only enhance payment processing capabilities for merchants, but also contribute significantly to the growth of the digital economy in India.” said Sanjeev Moghe, President & Head – Cards & Payments, Axis Bank.

“We are excited to officially enter the Indian market through our partnership with Axis Bank. It’s a positive sign for us that we are launching our payments solutions with one of the largest acquiring banks of the country.” said Niranj Sangal, GCEO, Alliance Network Group.

This joint venture aims to transform the digital payments ecosystem in India for businesses of all sizes, from small merchants to large corporations. It claims to create an interconnected digital economy through technology-driven payment solutions that ensure secure and efficient transactions while enhancing the overall customer experience.

  • Published On Oct 24, 2024 at 12:50 PM IST

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