India, Feb. 25 -- Digital payments platform BillDesk has signed an agreement to acquire Worldline India's payment businesses to enhance its position as a vertically integrated payments stack.

Post the merger, the businesses will jointly offer an omnichannel payments experience like digital transactions, recurring mandates, cross-border flows, and in-store POS and QR acceptance across urban and emerging markets, BillDesk said in a statement.

Besides, the fintech company said that the acquisition will help boost its reach in new regional markets, strengthen merchant distribution and accelerate monetisation opportunities.

The terms of the deal and the financial value remains undisclosed. It remains subject to customary regulatory approval...