Industry Reports

Smaller banks turn to fintechs to take control of merchant payments

Friday, September 11, 2026 - 03:27
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Smaller banks turn to fintechs to take control of merchant payments
Banks, including Ujjivan Small Finance Bank, Jana Small Finance Bank, CSB Bank and Karnataka Bank, have approached fintechs such as Pine Labs, Cashfree Payments and Phi Commerce.

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