Zaggle Prepaid Ocean Services Signs 5-Year Deal with Mastercard to Offer Credit Cards and Other Solutions

Zaggle Prepaid Ocean Services Limited has now entered into a significant agreement with Mastercard Asia/ Pacific Pte Ltd, marking another step towards enhancing its service offerings and expanding customer engagement. 

Agreement Overview 

Zaggle, a leading player in spend management and digital financial solutions, continues to build strategic partnerships to strengthen its product portfolio and market reach. The company focuses on providing innovative payment tools, corporate expense solutions, and reward platforms to a diverse customer base across India.  

In line with its growth strategy, has executed an important agreement with Mastercard Asia/ Pacific Pte Ltd, aligning itself with a globally recognised payments network to broaden its range of financial solutions.  

Under this arrangement, Zaggle will offer MasterCard credit cards and other solutions to its customers and prospects and receive additional spend linked incentives. The collaboration is framed as a referral agreement, allowing Zaggle to leverage Mastercard’s established ecosystem while strengthening its own presence in the credit and payments space.  

Additional Disclosures 

The incentive-based commercial structure further highlights the strategic nature of the partnership, aiming to enhance transaction volumes and customer adoption over time. The company has clarified that the consideration for this agreement aligns with the same spend-linked incentive model already outlined.  

The contract, which falls under the domestic category despite the awarding entity being international, has a fixed duration of 5 years, indicating long-term operational and commercial commitment from both sides. 

Read More: Zaggle Prepaid Ocean Services Share Price in Focus; Acquires 100% Stake in Greenedge Enterprises! 

Zaggle Prepaid Ocean Services Share Price Performance  

As of December 10, 2025, at 11:15 AM, Zaggle Prepaid share price is trading at ₹347.70 per share, reflecting a surge of 0.62% from the previous closing price.  

Conclusion  

The agreement between Zaggle and Mastercard marks a purposeful step in strengthening Zaggle’s product offerings while ensuring regulatory transparency. With clear commercial terms and no related-party involvement, the partnership is positioned to enhance value for customers and maintain strong governance standards over the next five years. 

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