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pine labs: Present card platform Qwikcilver Options completes merger with Pine Labs

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pine labs: Present card platform Qwikcilver Options completes merger with Pine Labs

2022-09-23 05:46:49

Service provider commerce omnichannel platform Pine Labs on Friday introduced the completion of the merger of Qwikcilver Options, resulting in the consolidation right into a single authorized entity – Pine Labs Non-public Restricted.
The present merchandise, options, platforms, and packages from Qwikcilver will proceed to function with out impacting customers. Additional, all cobranded pay as you go fee devices (PPIs) beneath Qwikcilver will proceed to be issued by Pine Labs beneath the identical model title.

“Qwikcilver and Pine Labs have established sturdy enterprise synergies publish the 2019 acquisition. The formal merger will strengthen the affiliation and produce innovation and development to our issuing enterprise in India and our centered worldwide markets. We are going to proceed with our industry-leading options on pay as you go issuing for enterprises, together with reward card, rewards, incentives, and a number of other different saved worth packages.”

Model Qwikcilver affords a completely built-in digital platform and answer for issuing, accepting, and distributing pay as you go, saved worth, and reward playing cards. It serves main international airways, e-commerce platforms, retail institutions, massive corporates, hospitality, and healthcare {industry}, to call a number of.

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