Karnataka Bank has announced a strategic partnership with Pine Labs Ltd. to provide advanced Point of Sale (PoS) services. This collaboration aims to modernize digital payment options for the bank’s retail and MSME customers. By integrating Pine Labs’ user-friendly terminals, the bank intends to support its vision of becoming the ‘Digital Bank of the Future’, driving digital adoption and mutual business growth across its branch network nationwide.
Advancing Digital Payment Solutions
Karnataka Bank has officially joined forces with Pine Labs Ltd., a leading provider of Point of Sale (PoS) solutions, to enhance its digital infrastructure. Announced on April 21, 2026, this strategic tie-up focuses on offering next-generation digital payment technology to the bank’s diverse customer base.
Strategic Vision and Customer Impact
According to Shri Raghavendra S Bhat, MD & CEO of Karnataka Bank, this partnership is a critical step in the bank’s evolution toward becoming the ‘Digital Bank of the Future.’ The bank aims to provide its Retail and MSME clients with seamless access to reliable and user-friendly PoS terminals, which play a vital role in the contemporary digital payment ecosystem.
Nationwide Rollout
Shri Raja B S, Chief Operating Officer of Karnataka Bank, confirmed that the service will be made available across all bank branches in the country. This rollout is designed to cater to the evolving needs of the bank’s valued customers, ensuring that advanced payment solutions are accessible to support their business operations and drive digital growth.
Source: BSE
