Under this agreement, Atos will be setting up MasterCard and VISA POS acquiring network for IndusInd Bank across India, a press release issued here stated. Atos Worldline India will also establish a merchant establishment network by helping merchants open accounts with IndusInd Bank.
The bank will promote POS acquiring business amongst its existing customer base and newly acquired customers whereas Atos Worldline India will provide the necessary support to the merchants to encourage usage of POS terminals deployed at merchant establishments of IndusInd Bank, it said.
International players in the global payments industry have been following each other into the market.
Read more about the news here: http://www.business-standard.com/ind…ices/137961/on