Credit Card Offers

Zaggle Partners with AU Small Finance Bank to launch Co-branded Credit Card

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Zaggle Prepaid Ocean Services Limited (Zaggle), has entered into an agreement with AU Small Finance Bank Limited (AU SFB).

Details are as follow:

Sr.No. Particulars Description
 1Name of the entity awarding the order(s)/contract(s);AU Small Finance Bank Limited
       2      Significant terms and conditions of order(s)/contract(s) awarded in brief;Zaggle is getting into a strategic partnership with AU SFB to launch: Co-branded Retail Credit Card powered by personalized recommendation engine and TPAP integrationCommercial Card supported by Zaggle’s enterprise presence and powered by Zaggle Zatix analytics platform
  3Whether order(s) / contract(s) have been awarded by domestic/ international entity;Domestic
4Nature of order(s) / contract(s);Agreement
5Whether domestic or international;Domestic
 6Time period by which the order(s)/contract(s) is to be executed;3 Years
   7  Broad consideration or size of the order(s)/contract(s);Zaggle to leverage its existing corporate base to sell co-brand Retail Credit Card and commercial card with AU SFB tightly coupled with Zaggle SaaS solutions and payment expertise.
    8Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof;No
   9Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at “arms length”.No