Bank of Baroda to launch e-commerce platform for banking, farm-products

Bank of Baroda to launch e-commerce platform for banking, farm-products
14.July.2019

Bank of Baroda plans to launch an online marketplace to its customers offering banking services and farm-related products.

The state-owned lender has invited bids seeking a partner to supply ‘digital commerce platform’ to provide assistance to merchants on catalog management, purchase management fulfilment, pricing, promotion and other similar services.

Bank of Baroda said it is keen to strategise and enhance online digital capabilities with a focus on creating a marketplace to fulfil services relating to different segments of customers’ daily needs and lifestyle needs.

"The bank is seeking a partner to supply digital commerce platform and provide support for its implementation for multiple use cases as decided by the bank," the bank said in a request for proposal. The bank said it will offer various kinds of banking services and farm-related products on its e-commerce platform.

The online platform partner will be required to provide assistance to merchants on catalog management, purchase management fulfilment, pricing, promotion and other similar services.

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