American Express has invested an undisclosed amount in Indian POS startup Ezetap in exchange for a minority stake, according to a report in Medianama.
The investment would allow the company to add such services as loyalty points and rewards for consumers, Bangalore-based Ezetap said.
American Express Ventures, a unit of the credit card company, last month invested $4.5 million in Capillary Technologies, a consumer engagement company based in the same city.
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