Zaggle Prepaid Ocean Services Limited (Zaggle) has entered into a five-year Referral Agreement with Standard Chartered Bank. Under this agreement, Zaggle will provide its Prepaid Payment Instruments platform to corporate customers referred by the bank, enabling seamless digital payment solutions.
The agreement, awarded by a domestic entity, formalizes a referral agreement aimed at expanding Zaggle’s reach among corporate clients. The collaboration ensures that Zaggle’s innovative payment solutions are accessible to a wider network of businesses, enhancing efficiency and seamless transactions.
Notably, there is no involvement of promoter groups or related parties in this agreement, ensuring that the contract is executed independently and at arm’s length.
The deal underscores Zaggle’s commitment to digital payment solutions and highlights Standard Chartered Bank’s focus on enabling innovative financial services for its corporate clientele.
