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Zaggle Prepaid shares jump after company announces major partnership with Mastercard Asia Pacific

News by Aliceblue News Desk

10 Dec 2025

Zaggle Prepaid shares jump after company announces major partnership with Mastercard Asia Pacific

Introduction

Leading prepaid and digital payment company signs a five-year agreement with an international payment provider to offer credit cards and solutions, earning spend-linked incentives for its customers and prospects.

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Share price movement of Zaggle

On December 10, 2025, Zaggle Prepaid Ocean Services Ltd opened at ₹347.05, up 0.29% from its previous close of ₹346.05. The stock reached a high of ₹351.80 (1.35%) and a low of ₹346.25. By 11:32 AM, it traded at ₹346.85, a 0.23% increase, with a market cap of ₹4,663.47 crore.

Zaggle Signs Five-Year Mastercard Agreement

Zaggle Prepaid Ocean Services Limited has entered into a five-year agreement with Mastercard Asia/Pacific Pte Ltd. The deal involves offering Mastercard credit cards and related solutions to customers.

Under the agreement, Zaggle will provide Mastercard credit cards to its customers and prospects. The company will also receive additional spend-linked incentives as part of the contract.

The agreement is classified as a domestic referral contract with an international entity. It is valid for five years and covers services and incentives tied to Mastercard products.

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

Zaggle Prepaid Ocean Services Ltd delivered a -5.42% return over the past week, it declined by 20.9% in the past six months. The stock fell 40.0% over the past year.

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Shareholding pattern of Zaggle

ParticularsSep 2025Jun 2025Mar 2025
Promoter44%44%44%
FII8.60%8.50%8.40%
DII9%11%13.30%
Public39%37%34%

About Zaggle

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

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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 Limited share price going up today?

A: Zaggle Prepaid Ocean Services Limited share price is rising after signing a five-year agreement with Mastercard Asia/Pacific Pte Ltd.

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

A: Zaggle Prepaid Ocean Services Limited specializes in financial solutions and products for managing business expenses of corporates, SMEs, and startups.

Q: What is the market capitalization of Zaggle Prepaid Ocean Services Limited?

A: The market capitalization of Zaggle Prepaid Ocean Services Limited is ₹4,663.47 crore as of December 10, 2025.

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