Merchant commerce omnichannel company, Pine Labs announced that it has acquired a proprietary enterprise platform from Bengaluru-based Saluto Wellness Private Limited. This acquisition will “boost the capabilities of Pine Labs’ Issuing Business under the Qwikcilver brand, enabling it to strengthen its offerings across employee rewards and recognition, customer loyalty programs, and channel partner programs for medium and large enterprises.” Pine Labs has an established presence in India “in prepaid, stored value, and gift card solutions