Mumbai, Jan. 1 -- Under the agreement, Visa will incentivise Zaggle to roll out and promote the co-branded prepaid card offerings. Although the contract has been awarded by an international entity, the transaction pertains to domestic operations. The project is proposed to be executed over a period of seven years.

Zaggle Prepaid Ocean Services (Zaggle) is a leading player in spend management, with a differentiated value proposition and diversified user base. The company operates in the business-to-business-to-customer segment. It is one of the largest numbers of issued prepaid cards in India in partnership with its banking partners. Additionally, the company has a diversified portfolio of software as a service (SaaS) products, including ...