IndusInd Bankon Wednesday announced a strategic partnership withdigital escrowplatformTrustmore, also known as Escrowpay.. With this collaboration, IndusInd Bank aims to offer digital escrow services across India, the company said in a press release. Meanwhile, Trustmore customers will be offered IndusInd Bank’s banking products and services, as part of the alliance.. Trustmore’s customers are expected to be benefitted from the on-demand digital escrow solutions offered by IndusInd Bank.. “We at IndusInd Bank are focused on empowering our customers with secure and seamlessdigital bankingsolutions. Through this collaboration, we aim to set new standards in digital escrow services, offering businesses and individuals a seamless and reliable platform for managing their transactions with confidence,” saidArun Khurana, Executive Director & Deputy CEO, IndusInd Bank.. Trustmore, which is the first firm in India to receive an authorisation by IFSCA, expects to expand its footprint in the financial sector after the collaboration with IndusInd Bank.. The digital escrow platform is known for its advanced technology in the domain, and claims to be developed to meet the requirements ofdigital economy. Trustmore has on-boarded over 150,000 businesses.. Nominations for ET MSME Awards are now open. The last day to apply is November 30, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award.. (You can now subscribe to our Economic Times WhatsApp channel)
