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Detailed explanation-1: -UPSC Mains. Q. Which bank has launched digital platform ‘Merchant Stack’ to provide banking services to retail merchants? Notes: India’s leading private lender ICICI Bank recently launched a digital platform ‘Merchant Stack’ to serve over 2 crore retail merchants in the country.

Detailed explanation-2: -New Delhi: ICICI Bank on Thursday launched a digital and contactless banking platform for merchants. The service, christened ‘merchant stack’, is targeted at the over 2 crore retail merchants in the country to render banking services digitally, the second largest private sector lender said in a statement.

Detailed explanation-3: -Detailed Solution: The Correct Answer is ICICI Bank. The ICICI Bank has launched a digital and contactless banking platform designed specifically for retail merchants.

Detailed explanation-4: -ICICI Bank has launched a new digital-lending platform called ‘iLens’, which is developed by Tata Consultancy Services (TCS). iLens digitises the entire lending process for borrowers, from loan application to credit disbursement.

Detailed explanation-5: -ICICI Bank launched the country’s first contactless mobile payment solution to enable its credit and debit customers to make in-store contactless payments by just waving their smartphones near an NFC-enabled merchant terminal.