Pine Labs acquires enterprise platform from Saluto Wellness

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  • Merchant commerce platform Pine Labs has acquired a proprietary enterprise platform from Bengaluru-based Saluto Wellness Private Limited.
  • The acquisition was made at an undisclosed amount.
  • This will boost the capabilities of Pine Labs’ issuing business under the Qwikcilver brand.
  • This will enable Pine Labs to strengthen its offerings across employee rewards and recognition, customer loyalty programs, and channel partner programs.