IndusInd Bank partners with Trustmore to offer enhanced digital Escrow Services in India

Ace News

30th Oct 2024

IndusInd Bank has entered into a strategic alliance with Trustmore (Escrowpay), a digital escrow platform, to offer seamless and secure digital Escrow services across India. Through this collaboration, IndusInd Bank will extend its full suite of banking products and services to customers utilizing escrow services, enhancing transaction security and convenience. 

Additionally, Trustmore’s customers, including both businesses and individuals, will benefit from an on-demand, trusted digital escrow solution backed by IndusInd Bank. Through its partnership with IndusInd Bank, Trustmore expands its footprint within the financial ecosystem, supporting enterprises across industries in managing secure transactions. Trustmore, the first company in India authorized by IFSCA, has on-boarded over 150,000 businesses and is recognized for its advanced digital escrow technology, tailored to meet the needs of the digital economy.

IndusInd Bank is one of the fastest-growing banks in the banking sector in India.