Corp Bank's pact with PRIZM Payments

Under the agreement Corporation Bank, Prizm Payments a leader in enabling  payment services across electronic channels and MRL Posnet Pvt Ltd a point of sale network owner emphasis on creating a retail network for electronic delivery of products and services, will provide solution comprising of: (a) merchant services like merchant acquisition, merchant agreement and managing merchant profitability (b) processing services including authorization services and merchant settlement services; (c) deployment of EMV compliant POS Devices (d) Services like maintenance and upkeep of the POS and other devices, on site training of the merchants in the use of the POS device.