Pine Labs forays into payment gateway biz with Plural
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Merchant commerce platform Pine Labs has forayed into the payment gateway business with the launch of a new platform called Plural. This move pits it against incumbents Razorpay, PayU-Billdesk, CCAvenue and Paytm. Its payment gateway business is a major offering and a natural progression for its merchants base of 5 lakh which receive payments using its suite of payments collection services.