Zaggle Prepaid Ocean Services shares rose by 5% after announcing a strategic seven-year partnership with Mastercard Technology Private Limited.
Starting November 26, 2024, the agreement positions Mastercard to promote Zaggle’s SaaS platform, payment, and card products to corporate customers and ecosystem entities through a referral model.
This collaboration aims to strengthen Zaggle’s foothold in the corporate payment solutions market, leveraging Mastercard’s extensive global network. While financial details remain undisclosed, the partnership highlights the growing demand for innovative corporate payment solutions.
As of 9:17 am, Zaggle shares were trading 4.99% higher at Rs 490.85 on the NSE.
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