New Launch22 Sept 2025, 04:24 pm
AU Small Finance Bank and Zaggle Partner to Launch Co-branded Retail Credit & Prepaid Cards
AI Summary
AU Small Finance Bank Limited ('the Bank') has entered into a strategic partnership with Zaggle Prepaid Ocean Services Limited, India's leading spend management company. The alliance aims to launch co-branded retail credit and prepaid cards program, equipped with a unique Third-Party Application Provider (TPAP) integration and a personalized recommendation engine. The partnership will also introduce a commercial credit card portfolio and a co-branded prepaid card program tailored for corporate clients, integrated with Zaggle’s Zatix platform for real-time expense management.
Key Highlights
- Retail Credit Cards with TPAP integration and Al-powered recommendation engine
- Corporate Credit Cards supported by Zaggle’s enterprise acquisition and Zatix SaaS platform
- Multi-Wallet Prepaid Cards for tax savings, fully managed via the Zaggle app
- Zaggle SAVE to automate employee expense reporting and reimbursements
- Zaggle will introduce AU SFB with its southern regional corporate/connect as primary banking franchise