Download NeoGrowth App
NeoGrowth has received exclusive media coverage in The Times of India (online) for the authored article titled, “How digital payment adoption is re-writing India’s MSME Credit Story?”.
COVID-19 pandemic has been a major accelerator for the mass adoption of digital payments among consumers and merchants. The volume of digital payments has been growing year-on-year with 7422 crore transactions in FY 2022, up by 33% from FY 2021. Digital payment platforms had a majorly positive impact on the MSME sector post the pandemic, providing consumers with contactless and cashless methods of payment, which helped MSMEs with easy record keeping, and convenience, and is also relatively inexpensive to adopt. In this article, our CEO, Mr. Arun Nayyar, discusses the role and future of digital payments to accelerate digital lending among MSMEs.
Click here to read the complete article
