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Zaggle partners with Visa to launch co-branded prepaid cards, stock up 3%

Zaggle Prepaid Ocean Services Limited entered a seven-year agreement with Visa Worldwide Pte. Ltd to launch and promote co-branded domestic prepaid cards in India.

Introduction

Leading fintech firm signed a seven-year agreement with Visa to launch and promote co-branded domestic prepaid cards, expanding its presence and offerings in the Indian digital payments market.

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Share price movement of Zaggle

On January 1, 2026, Zaggle Prepaid Ocean Services Ltd opened at ₹353.85, up 1.82% from its previous close of ₹347.45. The stock reached a high of ₹358.40 (3.10%) and a low of ₹349.25. By 11:15 AM, it traded at ₹350.95, a 1.01% increase, with a market cap of ₹4,718.59 crore.

Zaggle Signs Seven-Year Deal with Visa

Zaggle Prepaid Ocean Services Limited has entered into a seven-year agreement with Visa Worldwide Pte. Ltd. The agreement focuses on launching and promoting co-branded domestic prepaid cards on the Visa network.

Under the growth agreement, Visa will provide incentives to Zaggle for marketing and promoting the co-branded prepaid cards across India. The transaction is categorized as a domestic execution with an international awarding entity.

The agreement aims to expand Zaggle’s prepaid card offerings in the domestic market. The collaboration formalizes Visa’s support for Zaggle’s card launch and promotion initiatives over the seven-year period.

Stock performance of Zaggle for Period of 1 week, 6 months, and 1 year

Zaggle Prepaid Ocean Services Ltd delivered a -1.35% return over the past week. It declined 17.3% in the past six months and fell 36.2% over the past year.

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Shareholding pattern of Zaggle

ParticularsSep 2025Jun 2025Mar 2025
Promoter44.20%44.20%44.20%
FII8.60%8.50%8.40%
DII8.60%10.60%13.30%
Public38.50%36.60%34.10%

About Zaggle

Zaggle Prepaid Ocean Services Ltd (NSE: ZAGGLE) provides financial solutions and products to manage business expenses for corporates, SMEs, and startups, using automated workflows and innovative technology to streamline expense management.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Zaggle Prepaid Ocean Services Ltd share price going up today?

A: Zaggle Prepaid Ocean Services Ltd share price rose after signing a seven-year agreement with Visa for co-branded domestic prepaid cards.

Q: What does Zaggle Prepaid Ocean Services Ltd specialize in?

A: Zaggle Prepaid Ocean Services Ltd specializes in financial solutions and products to manage corporate, SME, and startup business expenses efficiently.

Q: What is the 52-week high and low of Zaggle Prepaid Ocean Services Ltd stock?

A: Zaggle Prepaid Ocean Services Ltd stock has a 52-week high of ₹576.80 and a low of ₹299.00.

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