Over 85 lakh small and medium businesses accept digital payments via Amazon Pay
National, June, 2022: As part of Amazon India’s endeavor to digitally enable small & medium businesses (SMBs) Amazon Pay announced that it has empowered over 85 lakh+ offline small business owners and entrepreneurs with its digital payments infrastructure. Earlier, these merchants largely transacted in cash for business operations, now they accept payments from their customers using Amazon Pay’s QR Code. Furthermore, initiatives such as Amazon Pay for Business App, voice notification feature, easy availability of working capital loans, have enabled such micro-businesses, and merchants to experience a convenient digital journey. Mahendra Nerurkar, CEO & VP, Amazon Pay India said “SMBs form the backbone of India’s economic growth. Our aim is to empower offline merchants, provide them with opportunities to expand their businesses, and enhance their payment experience amongst multiple other touch-points that expedites their digital journey. This milestone is a testimony...