Current Affairs Business

Airtel Payments Bank team up with Mastercard for farmers, SMEs

Category : Business

 Airtel Payments Bank has collaborated with Mastercard to create customised financial products for Indian farmers and Small and Medium Enterprises (SMEs). These financial products particularly for those territories where there is less access to bank administrations. The coordinated effort will unite Mastercard’s worldwide and nearby involvement with developing advanced financial solutions and Airtel Payments Bank’s circulation system to arrive at the last mile and its large customer base. The association targets constructing a computerized stage which gives farmers information about advanced farming techniques and association with commercial centres, while at the same time empowering them to receive payments directly in their Airtel Payments Bank account.

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