The best gifts are those that keep on giving. It turns out buying a gift-management platform could work out the same.
Offline payment processor Pine Labs bought gifting platform Qwikcilver Solutions for $110 million last month. And that buy checks multiple boxes for Pine Labs—more revenue, more retailers to reach out in India and internationally. But most importantly, it lets Pine Labs cross over—from enabling payment acceptance over point of sale (PoS) devices across 100,000 brick and mortar retailers to the madly competitive world of powering payments for online retail.