Karnataka Bank partners with Pine Labs for PoS services

Karnataka Bank has announced a strategic partnership with Pine Labs Ltd., a leading provider of Point-of-Sale (PoS) solutions. This collaboration aims to enhance digital payment options for the bank's customers. According to Shri Raghavendra S Bhat, MD & CEO of Karnataka Bank, the partnership aligns with the bank's vision to become the "Digital Bank of the Future" by leveraging Pine Labs' user-friendly and reliable PoS solutions. The initiative will provide advanced PoS terminals to the bank's Retail and MSME customers, fostering digital adoption and driving mutual growth. Shri Raja B S, Chief Operating Officer, added that these next-generation digital payment solutions will be available across all Karnataka Bank branches nationwide.