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·         Karnataka Bank has launched an all-in-one point-of-sales (POS) swiping machine called 'WisePOSGo' for its merchant customers to process business payments.

·         The private sector lender has rolled out this POS device in association with Mswipe Technologies Pvt Ltd.

·         The launch of 'WisePOSGo' is another step towards expanding the digital payment infrastructure in the country and promoting a cashless economy.

Important facts

About Karnataka Bank

v  Karnataka Bank Headquarters: Mangalore;

v  CEO of Karnataka Bank: Mahabaleshwar MS;

v  Establishment of Karnataka Bank: 18 February 1924