BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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M/s Pine Labs & M/s ARCOT
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M/s Pine Labs & M/s Worldline
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M/s Razorpay & M/s Worldline
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M/s CRED & M/s Worldline
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Detailed explanation-1: -Commenting on the partnership, Ankush Khosla, Chief Sales Officer, Home Credit India, said, “We are delighted to have a leading player like Pine Labs, as our partner, to support and strengthen Home Credit’s drive for democratizing affordable consumer credit.
Detailed explanation-2: -The company was founded in 1998. The company evolved from a petroleum automation retail solutions player to becoming a payments products and services firm for merchants. It has over 100, 000 merchants in India and other Asian countries. Pine Labs platform powers over 850, 000 PoS terminals in India.
Detailed explanation-3: -Amrish Rau-CEO-Pine Labs | LinkedIn.
Detailed explanation-4: -Pine Labs is an Indian merchant platform company that provides financing and last-mile retail transaction technology, founded in 1998. The company has more than 70, 000 retailers across India, including major retail outlets such as Mark’s and Spencer’s Retail, Pantaloons, Shoppers Stop, and Westside.