Rajasthan Gets Investment Proposals Of Rs 74,312 Crores In Bengaluru, Raises Invest Commitment Tally Above Rs 5 Lakh Crore

Inking 4 MoUs and 15 LoIs of over Rs 74,312 Crores, Rajasthan Government's investor connect program at Bengaluru turned in a major milestone in direction of state's advent to 'Invest Rajasthan 2022' investment summit. Rajasthan Government along with Confederation of Indian Industry (CII) had hosted the investment roadshow at Bengaluru on Monday in series of similar events being held across the country and abroad. Success of the roadshow has raised tally of total committed investment above Rs 5 lakh Crores, while several more of such events are scheduled in prelude of Invest Rajasthan Summit to be held at Jaipur on 24-25 January 2022. 

"Investor enthusiasm at the recent investor connect programs has testified of their confidence in state's potential and polices of the state government. It has also raised our expectations for grand success of Invest Rajasthan," said Smt Shakuntla Rawat, Industries and Commerce Minister, Rajasthan.

Led by Industries and Commerce Minister, Smt Shakuntla Rawat and State Minister for Technical Education, Dr Subhash Garg a delegation of Rajasthan Government was in Bengaluru to meet investors. The delegation included Shri Dinesh Kumar, Principal Secretary Agriculture & Cooperative; Shri Dhiraj Srivastava, Commissioner, Rajasthan Foundation; Smt Rukmani Riar, Executive Director RIICO and Add. Commissioner Bureau of Investment Promotion; and other senior officials from the state government. 

Investment committed from Bengaluru include new technology-based industries such as robotics, EV, technical textile, and renewable energy along with conventional sectors of hospitality, healthcare and real estate. Among these is also JSW Neo Energy proposal to develop a 1000 MW hydro pump-based energy storage plant in Sirohi district at an estimated investment of Rs 4,900 Crores. Addverb Technologies has plans to develop an industrial automation and robotics products manufacturing unit at Karoli EMC Zone in Alwar district. Investment proposals of Rs 160 Crores also received from Mysore

"Rajasthan has robust infrastructure to meet requirement of all types of industries, it is also emerging as a leading state in terms of ease of doing business," Dr Subhash Garg said inviting investors to be part of Rajasthan's development.

Investment plays a crucial role in realising the vision of Chief Minister Shri Ashok Gehlot to develop Rajasthan as an industrial hub of India. Under his leadership the state government has made several provisions to promote trade and industries, such as the Rajasthan Industrial Development Policy 2019, RIPS 2019 and several other sector specific policies. Rajasthan has emerged as a leader in terms of Solar power generation and hosts world’s largest Solar Power Park in Bhadla. New industrial areas, such as EV zone, Medical Device Park, Petroleum, Chemicals and Petrochemical region, Fintech Park and DMIC are creating new investment venues in state. The Invest Rajasthan is expected to be a major milestone in industrial rise of the state. 

Mr. Ramesh Ramadurai, Chairman, CII Karnataka State Council & Managing Director, 3M India Ltd.  And Ms. Jyothi Pradhan, Vice Chairperson, CII Karnataka State Council & CEO Kurlon Enterprise Ltd. Urged the investors to invest in the State of Rajasthan.

Mr. Veeresh Devaramani, Vice President & Plant Head, JSW Energy Ltd. & Mr. Prasenjit Lahiri, Vice President & Business Head – India SRE Wipro Limited shared their experience of investing in Rajasthan and running their busines successfully.

Rajasthan Government had initiated global outreach for its mega investment summit from Dubai Expo inking proposals of over Rs 48,000 Crores Signing in investors proposals of more than Rs 78,700 Crores, Rajasthan Government's series of nationwide roadshows had a promising beginning from New Delhi on 1st December 2021. Subsequent roadshows in Ahmedabad and Mumbai clocked in investment proposals of Rs 1,05,000 Crores and Rs.  1,94,800 Crores. Bringing the SME local investors in focus the state government will initiate district level investment connect program from 15th December 2021 from Bhilwara.

Rajasthan enjoys strategic location advantage and following the investor friendly policy framework created by the state leadership, it has become the home for many conglomerates, corporate houses and manufacturing units in the huge 362 industrial areas developed by RIICO in the land of 49,000+ acres. Over 40,000+ units are already operational in the RIICO industrial areas and over 120 more industrial parks are being established in 2022. Rajasthan is becoming strategic location for any investor as it covers about 58% of DMIC influence area, additionally the new GAS Grid project is spread in 1730 Kms. The state has also 3 operational SEZs, 9 ICDs and fully operational DFC that is making it stronger in the ease of doing business.

Pepperfry Appoints Akhilesh Chitlange As Vice President, Studio Activation

Pepperfry, India's no.1 furniture and home products marketplace today announced the appointment of Akhilesh Chitlange as Vice President, Studio Activation. In his role, Akhilesh would be responsible for leading the organisation's omni-channel efforts across Company-Owned Company-Operated (COCO) and Franchise-Owned Franchise-Operated (FOFO) Studio businesses. The omnichannel model has been one of the strongest growth pillars for Pepperfry over the past few years and the brand has plans to continue expanding its omnichannel presence significantly. Akhilesh’s appointment is effective immediately and will be based out of the Pepperfry Corporate Office in Mumbai.

In the last 2 years, Pepperfry Studios have emerged as a key touchpoint for consumer engagement and a great marketing channel. Currently, Pepperfry has a studio footprint across 57 cities in India with 110+ studios and aims to reach 200 Studios by March 2022. The offline expansion is in line with the company’s aim to penetrate niche markets and offer the largest furniture and home products catalogue in the country. These studios are experience centres that offer customers a first-hand experience of various types of woods, materials, colour and fabric swatches that helps them make the right purchase decision.

Commenting on his appointment, Ashish Shah, Co-Founder & Chief Operating Officer, Pepperfry said, “Studio Pepperfry is a key growth driver of our business and already contributes to around 40% to our topline. We want to continue expanding our footprint by deepening our presence in top markets through own stores and bringing in more entrepreneurial spirit into the business through our Franchisee Program in Tier I and Tier II cities. As we accelerate, Akhilesh’s business acumen and expertise in managing complex sales systems across large FMCG companies will help us bring in consistency and excellence in providing a great customer experience across 100s of studios spread across the country. We welcome Akhilesh to the Pepperfry team and wish him great success in his endeavours.

Akhilesh Chitlange, Vice President – Studio Activations, Pepperfry said, “I'm excited to be a part of Pepperfry's journey. The company has undisputedly built the largest omni-channel business in the furniture and home products segment in India. This is a great opportunity for me to help develop a future-proof business team and drive revenue growth in line with the company’s vision. Look forward to grow with the team onward and upward.”

Akhilesh will be working closely with the leadership team to build a world-class omnichannel sales system that delivers better business results and customer experience.

With a career spanning over 10 years, Akhilesh has covered a wide spectrum of Business & Corporate roles spanning Channel Sales, Trade Marketing, Sales Development verticals in the FMCG space. Prior to joining Pepperfry, Akhilesh was the Trade Marketing Head at Marico Limited. Previously, he has also worked with GSK Consumer Healthcare India and Britannia Industries Limited.

Akhilesh is a post-graduate in Sales & Marketing and holds a degree in Chemical Engineering.

About Pepperfry

Pepperfry is India’s leading Furniture and Home products marketplace, offering customers an unparalleled selection of amazingly priced Home products and a consistently great shopping experience. The Pepperfry managed marketplace helps thousands of entrepreneurs and merchants sell to millions of discerning customers across India.

ASUS Launches New Rugged & Ultraportable ASUS Chromebook CX1101 On Flipkart For India’s Remote Working Generation

The New 11.6", Chromebook Fulils Everyone's Needs, With Stylish Design, Tough Built, Typing Comfort, Long Battery Life, And Ultrafast Connectivity

KEY POINTS

* ASUS aims to enable and help millions of Indian customers to digitally access education, e-commerce, social interaction and work, with the latest ASUS Chromebook CX1101

* Powered by Google’s Chrome OS, segment-leading Intel’s Celeron® N4020 Dual-core processor, fast 4GB RAM, 64GB eMMC solid-state storage, ASUS Chromebook CX1101 allows for seamless multi-tasking among Chrome OS, Android and Linux apps

* ASUS Chromebook CX1101 comes with a large segment leading 42Wh battery for uninterrupted and long battery backup of up to 13 hours and fast-charges up thanks to a 45W USB-C charger

* With two USB 3.2 Type-C and Type-A ports, HD camera, stereo loudspeakers, dual-band Wi-Fi 5 and up to Bluetooth 5.2 in ASUS Chromebook CX1101 offers superior online two-way learning and video conferencing

* ASUS Chromebook CX1101 comes with an Anti-glare HD Display mounted to a 180-degree lay-flat capable hinge that is tested for 30,000 open and close life-cycle tests, and is Military-grade MIL-STD-810H rated for segment leading rugged and dependable reliability

* Features an edge-to-edge keyboard with full-size keys with 1.5mm key travel, rated for up to an incredible 10 million keystrokes, and is also spill-proof capable of resisting up to 60cc’s of accidental liquid spillage

* AS0S Chromebooks, along with the Chrome OS & Google Play store provides support for Million+ Android Apps, Web Apps, Google Workspace apps, and seamless sync between your Android Devices and compatible devices along with storage expansion of up to 2TB of storage with a MicroSD card

* Sale starts on Flipkart from December 15th; as an introductory offer, consumers can avail ASUS Chromebook CX1101 at a special discount of Rs18,999 between 15th to 21st December 2021

ASUS, the Taiwanese tech major and the fastest-growing consumer laptop brand in India, today announced the launch of a new 11.6-inch, ASUS Chromebook CX1101, designed to boost everyday productivity with military-grade rugged reliability. This launch strengthens ASUS' ongoing partnership with Flipkart, India's homegrown e-commerce marketplace which has been at the forefront of meeting customers' evolving requirements.

This versatile and tough series is powered by a fast, Intel® Celeron® N4020 dual-core processor, 4GB of fast RAM, fast 64GB Solid-state eMMC storage and Google’s renowned Chrome OS for fast and dependable computing and multi-tasking. The storage can be further expanded up to a supported 2TB via a MicroSD memory card.

It also provides the best in class segment leading rugged reliability and productivity-enhancing features including an edge-to-edge spill-resistant keyboard with exceptional typing comfort that is capable of up to 10 million keystrokes, fast dual-band Wi-Fi 5 + Bluetooth 5.1 connectivity, and a large 42Wh battery for 13-hour long backup. The convenient Anti-glare HD display with a 180° lay-flat hinge makes it easy to share content and collaborate with friends, colleagues, or clients.

The series also offers the best of Google, including the rich library of apps available on Google Play[i]. With speedy performance, robust security, and convenient features, the ASUS Chromebook CX1101 is perfect not only for students but for everyone who needs simple computing and is on the go.

Commenting on the new Chromebook launch, Leon Yu, Regional Director, India and South Asia, ASUS said, “We are thrilled to launch another variant of the ASUS Chromebook, which is an ideal mix of power and productivity. With the rapidly evolving education and enterprise market in the country, it is imperative that we support consumers with the right tools and technology for remote working and hybrid learning environments. Looking at the outstanding response received for ASUS Chromebook, the new variant CX1101 is designed to empower on-the-go lifestyles, with solid features and durability for all your travel requirements.”

Commenting at the launch, Dinesh Sharma, Business Head, Commercial PC and Smartphone, System Business Group, ASUS India said, “The Chromebook category in India is at the cusp of exponential growth as consumers embrace remote working and learning. We are excited to introduce a powerful, very sturdy, yet trendy and portable ASUS Chromebook CX1101 for work, learning, or entertainment to cater to the evolving needs of the consumer. With multitasking and enhanced performance, we look forward to giving the consumers an ideal device for their everyday needs.”

Commenting on the launch of the Chromebook CX1101, Rakesh Krishnan, Senior Director at Flipkart said, “It's interesting to note how Chromebooks, which were a niche segment a few years ago, have turned into an industry wide trend since the pandemic. As a homegrown e-commerce marketplace, Flipkart is at the forefront of identifying such trends and has been working actively with industry partners in taking it to the larger masses. I'm pleased to see the evolution of this segment of laptops led by ASUS which has played a pivotal role in its widespread adoption. The launch of the Asus Chromebook CX1101 will fulfill customers evolving requirements as work, learn and entertainment from home becomes a common place".

Sleek, Lightweight and Ergonomic design – The ASUS Chromebook CX1101 thanks to the MIL-STD-810H military-grade durability, is engineered to be extraordinarily reliable and tough with metal reinforced hinges and spill-resistant keyboards; the device is built to be sleek and compact. It is fully ready for the rigors of professional travel or school life, so professionals, teachers, students and parents can rest assured knowing that their investment is reliable and long-lasting. The Chromebook also features a keyboard with a 1.5mm key-travel for great comfort and accurate feedback even if you’re on it all day long, and sports spill-protection along with a 10mn keystroke life span.

Smart productivity – The combination of durability and productivity is a defining feature of the ASUS Chromebook CX1101. Users can explore new ways of learning thanks to the 180° lay flat on a desk, for easy collaboration and the multi-gesture trackpad that makes traversing menus or the web a breeze. The laptop includes a full complement of smart productivity features, including all-school-day battery life, and a versatile selection of I/O ports. The ASUS Chromebook also sports an HD camera and Loud Stereo speakers for stellar video conferencing and entertainment.

All-day companion – Designed for all-day computing, ASUS Chromebook CX1101 can last up to a full productive 13 hours on a full charge thanks to a long-life 42Wh lithium-ion battery pack. With the HD resolution display, the ASUS Chromebook CX1101 offers superior detail and clear colour, plus an Anti-glare display for day-long computing.

Thoughtfully simple computing with Chrome OS – ASUS Chromebooks are a great daily companion thanks to a simple operating system by Google that lets you get computing in less than a minute for boot up. It’s an OS that’s designed to be hassle-free, fast, and immensely seamless with almost no learning curve. Chrome OS features the Google Play store support, which brings in support for thousands of apps that you might be already familiar with. Built for kids and grown-ups alike, it’s made to be easy to be a part of your lives.

AVAILABILITY AND PRICING

The ASUS Chromebook CX1101 is priced at Rs 19,999 on Flipkart. As an introductory offer, consumers can avail ASUS Chromebook CX1101 at a special discount of Rs 18,990 between 15th to 21st December 2021. Users can also avail 10 percent instant discount with SBI Bank cards and EMI transactions among no-cost EMI (for 6 months).

Bank Of India Conducts Last-Mile Outreach To Disburse Time-Bound Insurance Payment

 

* Helps thousands of account holders get insurance cover of up to Rs 5 lakh ~

* SLBC Covernor – Bank of Maharashtra

Bank of India announced today that it hosted a last-mile outreach campaign for the distressed account holders of 16 urban cooperative banks that went bust and helped them receive their deposit insurance cover of up to Rs 5 lakh in a time-bound manner.

The event was held in the presence of Minister for Road Transport and Highways Shri Nitin Gadkari and as per the directives of the Department of Financial Services (DFS), Ministry of Finance. Bank of India is amongst 18 field locations selected for ensuring quick and smooth insurance disbursal. The principal event was webcast pan-India by Hon'ble Prime Minister Shri Narendra Modi in New Delhi.

During the outreach event, Bank of India informed as well as assisted the affected depositors in filing insurance claims so that they received the payments seamlessly and without delays. Following concerted efforts by all stakeholders, the campaign has gained momentum with interim payments by RBI subsidiary, Deposit Insurance and Credit Guarantee Corporation (DICGC), increasing manifold in the last 15 days.

Specifically, over 200 depositors benefited from attending one such outreach event at Bank of India’s Sangli branch in Maharashtra. The Bank assisted in remitting a deposit insurance amount of Rs 37.23 crore to 4,389 account holders of Sarjerao Naik Shiarala Sahakari Bank, in the presence of Shri Kapil Moreshwar Patil, Hon'ble Minister of State for Panchayati Raj.

The Deposit Insurance Credit Guarantee Corporation (Amendment) Act, 2021 came into effect September 1, 2021, inter alia, to ensure that distressed depositors had access to deposit insurance cover, which was raised from Rs 1 Lakh to Rs 5 Lakh in February 2020.

Lava Launches Featherweight Neckband-Probuds N2 At Rs 1199

 

Lava International Ltd – a leading Indian mobile phone company today announced the launch of its latest neckband –Probuds N2. Weighing just 25 grams, Probuds N2 is the lightest neckband in its segment. Made with silicon for durability and flexibility, Lava’s trendy new accessory gives customers the luxury of enjoying up to 12 hours of musical mania in a single charge. Introduced in two striking colours- black and teal, the neckband offers an impeccable blend of style and functionality.

Probuds N2 is competitively priced at Rs 1199 and can be currently purchased from Lava e-store, Amazon, Flipkart, and the company’s 100K+ PAN India stores.

Probuds N2 is loaded with top-notch features such as call alert, dual device connectivity, king-size battery capacity of 110mAh, and a quick charge time of 20 minutes that gives a playback time of 4 hours and standby time of 120 hours. Designed with an ergonomic shape for long-term use and a seamless experience, the Probuds N2 comes with 10mm dynamic drivers for superior bass. It balances sound over a phone call with the latest Bluetooth v5.0, offering seamless instant connectivity. The lightweight neckband also provided dual connectivity which is a perfect feature for users who love to multitask or often share their earphones with a family member or friend.

Commenting on the new launch, Tejinder Singh, Head – Product, Lava International said, “We are thrilled to add another powerful yet affordable product to our accessories portfolio. Probuds N2 is engineered to deliver high-quality audio and an immersive listening experience to users. It is stylish, lightweight, flexible yet sturdy and a perfect audio accessory for buyers on a budget.”

Probuds N2 comes with magnetic locks, allowing users to forget folds and stretches as it sits comfortably around their neck. Moreover, users can experience the freedom of not worrying about any product damage due to sweat or water, even during intense workouts, as it is IPX 4 certified water and sweat resistant. Users can control entertainment and office calls with the help of inbuilt panel key control so that their entertainment and work never stop. To ensure user comfort, N2 has been diligently designed and tested to fit every ear contour. N2’s earplugs provide a secure fit and ensure the product can be worn comfortably for long durations.

Purchase Links:

Lava: https://www.lavamobiles.com/accessories/probuds-n2

Amazon: https://www.amazon.in/dp/B09MSDSX4H

Flipkart:  https://bit.ly/3os78Yw

About Lava International Limited

#ProudlyIndian

Made in India, Made for India

Lava International Limited is a leading Indian Mobile Handset Company with operations in 20+ countries. In the international markets, the company is growing rapidly and is already among the top players in many of the countries it operates in. Lava has always been at the forefront of Govt. of India’s ‘Make in India’ initiative. Lava was the first mobile brand to take a lead in support of this important nation-building program and had set up a design team in India, becoming the first brand to design phones in the country.

With the vision to “Empower people to do more, to be more” the company was established in 2009. Lava International Limited is headquartered in Noida, Uttar Pradesh. The company has its manufacturing facilities and a repair factory in an approximately 165,000 square feet area in Noida. The manufacturing plants have a capacity of manufacturing 40 million phones per annum.

Dr Agarwal’s To Invest Rs 175 Crore In Karnataka Over 2 Years; Launches New Hospital In Indiranagar

India’s leading eyecare specialists, Dr. Agarwal’s Eye Hospital plans to invest over Rs 175 crore in expanding its presence in Karnataka over the next two years. The hospital chain made this announcement at the inauguration of its super-speciality eye care center at Indiranagar in Bengaluru. 

The new center is offering free consultations for patients who are 50 years or above till the month end. Karnataka’s Honourable Minister for Health & Family Welfare and Medical Education, Dr K Sudhakar inaugurated the Indiranagar facility in the presence of Dr. Adil Agarwal, CEO, Dr. Agarwal’s Eye Hospital, Shri P C Mohan, MP Bangalore Central and Shri S Raghu, MLA, CV Raman Nagar.  

In the next two years, Dr Agarwal’s will set up around 25 hospitals in Karnataka at an investment of Rs 150 crore. In addition, the Group will set up more than 30 vision centers at an investment of Rs 25 crore, taking its total investment in the state to Rs 175 crore over a two year period. 

Dr Adil Agarwal, CEO, Dr Agarwal’s Eye Hospital, is optimistic about the Group’s growth prospects in Karnataka. “Karnataka has been a revenue generator for the Group, contributing approximately ?100 crore to our overall business. Currently, we have 15 centers in the state (11 in Bangalore and 4 outside Bangalore). In the next 36 months, with all the expansion that we have lined up, we expect the state to contribute to Rs 200 crore to the Group’s business. Karnataka is an important state for us and we are committed to expanding our presence here both in Bengaluru and outside the city,” he said.  

Inaugurating the new facility at Indiranagar, Honourable Minister for Health & Family Welfare and Medical Education, Dr K Sudhakar, said, “I am happy to inaugurate the new center at Indiranagar, which I am sure will offer the best eye care service to people in East Bengaluru and beyond. Vision care can change lives and Dr. Agarwal’s has been changing lives one at a time. It is good to know that Dr. Agarwal’s is opening more clinics across the state. The hospital chain is doing exemplary work in the field of eye care and new centers across the state will help more people receive the best eye care,” he said.  

Dr. Agarwal’s newest center in Indiranagar will be a refractive hub for the hospital chain, which means that all refractive surgeries from all of Dr. Agarwal’s branches in Karnataka will be performed out of this center. The center is equipped with advanced technology and the latest equipment to provide comprehensive eyecare in a holistic manner. The hospital is housed in two floors, spread across approximately 5,000 sq ft. The center will provide patients with 360-degree comprehensive eyecare under one roof, offering services such as general ophthalmology, cataract services, laser cataract surgery, retina & cornea services, glaucoma & orbit, refractive surgery and paediatric ophthalmology.  

With the inauguration of this center, Dr. Agarwal’s Eye Hospitals now has a total network presence of 102 hospitals spread across India and Africa. The Group’s presence spans across 11 countries and over 10 states in India. Its facilities are staffed by a team of over 400 ophthalmologists and 4,000 employees.  

Dr. Agarwal’s has treated over 12 million patients so far and offers not only quality eyecare, but also academic and research programs in ophthalmology and related fields. The chain has been on a growth spree across the country, with more than 60 units added to its network in the past five years alone with latest addition made in Vijayawada in December, 2021. 

About Dr. Agarwal’s Eye Hospitals 

Dr. Agarwal’s Eye Hospital a comprehensive eye hospital offering a one-stop solution for eye ailments; was started in the year 1957. Now the hospital is in its 61st year of offering quality services in eye care. It has 100+ hospitals across India. With a visible footprint in the states of Karnataka, Andhra Pradesh, Telangana, Kerala, Odisha, Maharashtra, Gujarat, Andaman, West Bengal, and Rajasthan. A tertiary eye care centre at Mauritius marks its first step towards establishing an international presence extended up to 13 branches covering the Indian Ocean region, African countries and East Asia. 

Photo Caption: Dr K Sudhakar, Karnataka Health Minister addressing the gathering.

Worldline Launches Card Tokenisation Solution With Major Card Networks In India

Worldline, the European leader in payments and transactional services and market leader in India  announced the launch of its unique ‘Tokenisation Solution’ to enable businesses to comply with the RBI’s latest guidelines on online card data storage. Full-Service Tokenisation solution by Worldline is built in partnership with major card networks including Visa, Mastercard and RuPay along with leading issuing banks.

Worldline has developed a fully interoperable plug-and-play solution to enable card on file tokenisation using single integration.

Businesses will be able to enable Worldline Tokenisation solution with minimal technical upgrades and continue to offer seamless payment experience to their customers in compliance with the latest guidelines.

Commenting on the development, Jagdish Kumar, VP – Products & Solution, Digital Commerce, Worldline India, said:

"Full-Service Tokenization Solution by Worldline offers a holistic solution that would cover token provisioning along with tokenized transaction processing. It offers complete coverage for merchants, as it is integrated with all payment networks and issuers directly. Merchants can provision, manage tokens and customer’s consent from a single interface.

The RBI’s guidelines on tokenization will help to boost greater customer confidence in cards as a payment method and encourage the adoption of digital payments. From a long-term perspective, these guidelines will be very beneficial for all the stakeholders involved in the payment ecosystem, as it will not only open possibilities to reach inactive card customer base, but also help in businesses to enhance data security without compromising on customer experience.”

Here are some of the key advantages of Worldline Tokenisation Solution:

·         Highest Coverage Across Payment Networks And Issuing Banks

Worldline Tokenization Solution has partnered with major card networks including Visa, Mastercard, RuPay, and Amex (in pipeline) as well as all leading issuing banks. It supports the issuance and management of both issuer and network tokens under a single interface.

·         A Single Solution Connecting with Major Networks - Visa, Mastercard, RuPay, Amex

It is a single solution that connects to different networks viz. Visa, Mastercard, RuPay and Amex (in pipeline).A full-stack solution with token provisioning and authorization support with very few modification/development efforts in existing integration. The solution comes with both immediate/one-time payments and recurring payments (SI on cards) support. Thus, ensuring an end-to-end frictionless payment journey and enhanced customer experience.

·         Future-ready Solution

Worldline Tokenization Solution is an advanced; state-of-the-art solution that is fully compliant to the new COF guidelines(card-on-file);and will ensure highest degree of data security and protection. It will also ensure continuity for business growth without a glitch, making business secure and future-ready.

ABOUT WORLDLINE

Worldline [Euronext: WLN] is the European leader in the payments and transactional services industry and #4 player worldwide. With its global reach and its commitment to innovation, Worldline is the technology partner of choice for merchants, banks and third-party acquirers as well as public transport operators, government agencies and industrial companies in all sectors. Powered by over 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and secure solutions across the payment value chain, fostering their business growth wherever they are. Services offered by Worldline in the areas of Merchant Services; Terminals, Solutions & Services; Financial Services and Mobility & e-Transactional Services include domestic and cross-border commercial acquiring, both in-store and online, highly-secure payment transaction processing, a broad portfolio of payment terminals as well as e-ticketing and digital services in the industrial environment. In 2020 Worldline generated a proforma revenue of 4.8 billion euros. worldline.com