Merchant discovery and privileges platform Crownit will be integrating Singapore-based finance technology firm MatchMove's World-Class Wallet OS to offer a prepaid closed looped payment card into the Crownit app.
The integration will greatly benefit app users by giving them the ability to top up, check balances and make payments using the MatchMove-powered physical prepaid card with offline merchants.
"We are an online-to-offline company and the MatchMove Wallet OS perfectly complements our strategy in enabling offline merchants to offer more value to consumers and drive customer retention," said Founder and CEO Crownit, Sameer Grover.
Crownit offers cash back to its users from an extensive lifestyle merchant base such as restaurants, gyms, spas and hotel bookings.
Crownit has emerged as one of the largest players in the direct consumer discounts and deals category in India with over 10,00,000 users and has over 15,000 merchants servicing Delhi, Gurgaon, Mumbai and Bengaluru.
"We are very excited to work with Crownit to help offline merchants grow their business. Our scalable, secure and flexible Wallet OS enables any company to take full advantage of our APIs and easily integrates into their systems," said CEO MatchMove, Shailesh Naik.
"We are committed to provide companies like Crownit the best enterprise solutions and provide users more payment options online and offline," said Regional Director of South Asia MatchMove, Gaurav Mittal.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)