IndusInd Bank and Trustmore Partner to Launch Digital Escrow Services Across India

IndusInd Bank and Trustmore Partner to Launch Digital Escrow Services Across India

IndusInd Bank has announced a strategic collaboration with Trustmore, a leading digital escrow platform also known as Escrowpay, to introduce digital escrow services across India. This partnership aims to provide secure, on-demand digital escrow solutions to customers, enhancing transaction security and operational ease. IndusInd Bank’s suite of banking products and services will now be available to Trustmore clients, who stand to benefit from reliable escrow solutions designed to meet the demands of India’s digital economy.

IndusInd Bank's Deputy CEO, Arun Khurana, stated, “We at IndusInd Bank are focused on empowering our customers with secure and seamless digital banking solutions. 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.”

Trustmore, the first digital escrow firm in India authorized by the International Financial Services Centres Authority (IFSCA), plans to expand its reach in the Indian financial sector through this partnership. The company, recognized for its advanced digital escrow technologies, has already on-boarded over 150,000 businesses, delivering services tailored for a growing digital economy.