Vysya Bank signs mou with Global Telesystems
Bangalore: Private sector, Vysya Bank today signed a memorandum of understanding with
Global Telesytems to utilise the latter’s e-commerce payment processing
infrastructure. The bank, which also plans to
introduce its debit card by August this year, plans to use the interbank e-commerce
payment gateway and related technologies offered by Global. The two companies are to work
together in the areas of B2B and B2C e-commerce areas.
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