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The latest announcement is out from Pine Labs Limited ( (IN:PINELABS) ).
Pine Labs has entered into a strategic partnership with UAE-based Wio Bank to modernise the bank’s merchant acquiring infrastructure, eliminating legacy technology dependencies and enabling faster merchant onboarding, real-time settlements, and seamless multi-mode payment acceptance at scale. Under the agreement, Wio Bank will implement Pine Labs’ Credit+ platform to power its core acquiring operations, leveraging intelligent rule-based workflows and data-driven decisioning to optimise payment acceptance rates and manage the full merchant lifecycle, strengthening both firms’ positioning in the fast-growing digital payments ecosystem in the Middle East.
More about Pine Labs Limited
Pine Labs Limited is a global financial technology platform that focuses on transforming how businesses accept and manage payments. The company provides modular, API-first acquiring and payment solutions designed for speed, scalability, and configurability, serving merchants and financial institutions that require modern, data-driven payment infrastructure across multiple modes of acceptance.
Average Trading Volume: 717,307
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