Network People Services Technologies (NPST) has entered into a partnership with Cosmos Co-operative Bank to expand digital payment acceptance infrastructure for co-operative banks across India.
As part of this partnership, NPST will be leveraging its offline payment acceptance platform - Qynx, to manage the complete merchant lifecycle, including:
This collaboration will enable more than 1,500 co-operative banks, collectively operating over 11,000 branches, to offer QR code and soundbox-based digital payment acceptance to their customers without the need to develop or maintain their own digital backend infrastructure.
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