Zaggle Prepaid Ocean Services Limited (Zaggle) has announced a strategic partnership with Visa Worldwide Pte. Ltd. to launch and promote co-branded domestic prepaid cards on the Visa network. The agreement, effective for seven years, was disclosed to both the NSE and BSE on December 31, 2025.
Under the terms of the partnership, Visa will provide incentives to Zaggle for the launch and promotion of the co-branded prepaid cards, aiming to expand Zaggle’s footprint in the domestic digital payments ecosystem. The contract, classified as a growth agreement, is a domestic transaction with an international partner.
Zaggle clarified that neither the promoters nor group companies hold any interest in Visa, and the transaction is not classified as a related party deal.
This collaboration marks a significant step for Zaggle in enhancing its product offerings and customer engagement in the prepaid card segment, leveraging Visa’s global network and Zaggle’s domestic market presence.
Disclaimer: This news is based on information disclosed by Zaggle to NSE and BSE and is for informational purposes only. Investors should exercise their own judgment before making investment decisions.
