Pine Labs Share Price in Focus; Partners Wio Bank to Modernise Acquiring Infrastructure

Pine Labs has reportedly entered a partnership with UAE-based Wio Bank to develop a merchant acquiring infrastructure for the digital bank.  

The system is being built without legacy technology dependencies and is intended to support faster merchant onboarding, real-time settlement, and acceptance of multiple payment modes across channels. 

Platform Implementation 

Wio Bank will deploy Pine Labs’ Credit+ platform to support its acquiring operations. Credit+ is an API-based system designed to manage merchant onboarding and lifecycle processes.  

The platform includes rule-based workflows and data-driven tools intended to improve payment acceptance and operational processes. 

Technology Architecture 

Credit+ is built on a cloud-native, microservices-based framework. The infrastructure is designed to scale transaction volumes with high availability and security controls while supporting regulatory requirements.  

It also provides real-time operational data and enables the rollout of new features without major system changes. 

Company Statements 

As per news reports, B Amrish Rau, CEO, Pine Labs, said, “Our partnership with Wio Bank brings a modern acquiring processing platform to one of the most innovative digital banks in the region. Credit+ is built to deliver high transaction throughput, rapid feature deployment, and seamless scalability through its API-driven, microservices architecture.” 

Jayesh Patel, CEO of Wio Bank PJSC, said, “At Wio, our focus is on building a banking platform that supports how businesses operate and grow. This partnership with Pine Labs strengthens our ability to deliver simpler, more efficient payment capabilities, from faster onboarding and settlements to easier acceptance across channels.” 

Company Background 

Pine Labs offers its Credit+ platform in India, Sri Lanka, the Middle East, Africa, and Southeast Asia.  

Wio Bank is backed by ADQ, Alpha Dhabi, e&, and First Abu Dhabi Bank. The bank provides banking-as-a-service and embedded finance products to businesses and developers in the UAE. 

Pine Labs Share Price Performance  

As of January 27, 2026, 9:30 am, Pine Labs share price was trading at ₹235.19, a 2.19% decrease from the previous closing price. 

Read More: Pine Labs Share Price in Focus After its Subsidiary Receives RBI Approval for 100% Stake in Agya Technologies!  

Conclusion 

The partnership is intended to modernise Wio Bank’s acquiring infrastructure through a modular, cloud-based platform, while Pine Labs continues to expand deployment of its acquiring technology across international markets. 

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