600 corporates now use Pine Labs' rewards & gifting solution, Pine Perks

Press Release

February 26, 2019

600 corporates now use Pine Labs' rewards & gifting solution, Pine Perks

New Delhi, February 26, 2019: Pine Perks, the customizable rewards and gifting solution from Pine Labs is now used by over 600 corporate organizations across banking, insurance, manufacturing, pharmaceutical, auto ancillary, FMCG, telecom and other industries.

Rakesh Sharma, head of Prepaid, Gifting & Petroleum business at Pine Labs said, "We launched Pine Perks as an online gift voucher four years ago. Today it has evolved into a highly customizable reward and gifting solution for our corporate clients which they can use online, via an app and a physical prepaid card. The secure Pine Perks gift cards are accepted across 19000 online and offline stores and we are adding more stores to our network every week."

The Pine Perks digital or physical gift cards and vouchers support offers from 100 leading brands. Pine Perks gift card holders can purchase products and services from these brands using three different instruments - the gift card, rewards coupon or meal card. Pine Perks users can find more about it at a dedicated website: www.pineperks.in. The Pine Perks companion app, available on Android and iOS app stores, helps users track their personal accounts.


About Pine Labs

Pine Labs is one of Asia's leading merchant commerce platforms. Its unique cloud-based platform enables it to offer a wide range of payment acceptance and merchant commerce solutions. Pine Labs' stored value platform offers issuing, processing and distributing digital gift cards for corporate customers. Its customer base includes prominent large, mid-sized and small merchants across India, South East Asia and the Middle East. Pine Labs is incorporated in Singapore. Its key investors are Sequoia India, Mastercard, Actis Capital, Temasek, PayPal and Sofina. To know more, please visit www.pinelabs.com

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