Media Release

Mangaluru, Apr 21: Karnataka Bank, one of India’s leading private sector banks, has entered into a strategic partnership with Pine Labs Ltd., a top provider of Point-of-Sale (PoS) solutions. Through this partnership, the Bank aims to strengthen digital payment options for its customers.

Speaking at the launch, Raghavendra S Bhat, MD & CEO, of Karnataka Bank, said: “This partnership aligns with our vision of becoming the “Digital Bank of the Future’. Pine Labs offers user-friendly and reliable PoS solutions that plays a vital role in today’s digital payment ecosystem. This collaboration will enable our Retail and MSME customers to seamlessly access advanced PoS terminals, thereby promoting digital adoption and driving mutual growth.”

Raja B S, chief operating officer, added: “Karnataka Bank always works to meet the needs of our valued customers. With this new tie-up, we will be able to offer next-generation digital payment solutions. We encourage our customers to take advantage of this service, which will now be available at all our branches across the country.”

The event was attended by general managers Raghuram H S and Venkateswarulu Mallineni, senior executives of Karnataka Bank and Sumit Chopra, chief operating officer, Swapan Ghosh, EVP Bank Alliance and other representatives from Pine Labs.