Induslnd Bank partners with Fintech startup Mahagram to promote digital payments in rural India
- ByStartupStory | May 24, 2022
Fintech company Mahagram was founded in June 2015. The company aims to build the largest network of last-mile retailers in India to enable all Indians.
Recently it has partnered with IndusInd Bank to facilitate digital payments in rural India. Founded with the vision of transforming India into a digitally-enabled society and knowledge-based economy, it has partnered with IndusInd Bank to establish a new generation of Indian banks to digitize the Indian payments ecosystem and create a wider range of transactions, especially for customers in rural India. increase.
Their vision is to transform India into a digital society and knowledge-based economy. Again, the two partnerships aim to promote financial inclusion, promote socio-economic development, mitigate the risks of the shadow economy and accelerate the growth of a cashless society.
The association also encourages and promotes the use of electronic payment methods, as well as being efficient, reliable, and secure to help merchants across the country easily accept and make digital payments more accessible. Ensure the construction of a payment ecosystem.
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