Kotak Mahindra Bank Ltd today announced that it has collaborated with Ezetap to provide integrated Point of Sale solutions across 4,000 locations in the country. The initiative will further strengthen the Bank’s presence in the digital payments market space, it said in a statement.
Through this partnership, Ezetap’s integrated and customized Point of Sale solutions will benefit scores of KMBL’s merchants in retail business spread across the nation, according to a press statement. It will give retail customers a way to pay through cards and digital modes across all touchpoints in the purchase excursion whether at the counter in-store or paying on delivery. The enterprise and government customers of KMBL will enjoy all the benefits of Ezetap’s deep-tech integration and customized solutions.
PoS machines or Point of Sale devices is an electronic device used by retail merchants like grocery and apparel stores or pharmacies or any other category of retail business to collect payments against the goods and services rendered through non-cash modes like debit and credit card, QR, or even SMS to customer to pay using the link.
This collaboration will enable KMBL to scale up its PoS product base across merchant segments, including retail enterprises and government customers, which service lakhs of customers on a daily basis, according to the statement.