Mastercard commits Rs 250 crores to support small businesses in India
Mastercard commits Rs 250 crores to support small businesses in India https://www.fundstiger.com/mastercard-commits-rs-250-crores-to-support-small-businesses-in-india/ Their dependence on the cash-economy and supply chain disruptions have made India’s small and medium businesses (SMBs) amongst the hardest hit from the COVID-19 pandemic. To address these challenges, Mastercard announced a commitment of Rs 250 crores ($33 million) to help reboot Indian SMEs and enable business recovery. As part of this commitment, Mastercard will roll out multiple initiatives to: Help small businesses by growing digital payments awareness and providing low-cost acceptance solutions – online and offline – that are simple, safe and secure Drive inclusive growth by enabling small merchants and kirana stores with access to credit, knowledge and tools that will drive operational efficiencies; and Empower women entrepreneurs by increasing their business acumen. This is an extension of Mastercard’s ...