ICICI Bank launches Digital banking Platform ‘Merchant Stack’

The ICICI Bank has introduced the launch of a digital and contactless banking platform, particularly for retail retailers. The service, known as ‘Merchant Stack’, is focused on the over 2 crore retail retailers within the nation, overlaying grocers, supermarkets, giant retail retailer chains, on-line companies and enormous e-commerce corporations.

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About the ‘Merchant Stack’

  • Retail retailers can avail the ‘Merchant Stack’ providers on InstaBIZ, the cellular banking utility of ICICI Bank for companies.
  • The big selection of banking, in addition to value-added providers, will allow retailers to satisfy their banking necessities seamlessly in order that they’ll proceed to serve their clients within the difficult occasions in the course of the pandemic.
  • The banking providers beneath Merchant Stack will embody zero-balance present account, on the spot credit score amenities, ‘digital store management’ facility, loyalty programme, and value-added providers like alliances with e-commerce and digital advertising and marketing platforms.

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