Supplier gaps, invoice compliance, credit access continue to hit 5 in 10 MSMEs: SurveyMSMEs are embracing digital procurement for better pricing and efficiency, yet face persistent hurdles in supplier management and payments.
UPI, Aadhaar banking drive 61% of MSME transactions; AI adoption rises: ReportA significant majority of retailers now feel more confident using digital platforms for daily operations, leading to increased digital paym...
While Europe negotiated FTA, this startup was already hosting India's internet economyA new trade deal between India and Europe opens doors for businesses. However, companies like Hostinger from Lithuania already found succes...
RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY reportThe Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...
Nearly half of MSMEs polled prefer UPI for business transactions, says reportAccording to the MSME Digital Index Report by PayNearby, digital payments continue to gain strong acceptance among MSMEs, with UPI emerging...
73% MSMEs report business growth via digital adoption, led by UPI and smartphones: SurveyPayNearby's MSME Digital Index Report reveals that over 73% of small businesses in semi-urban and rural India have boosted income and effic...
ETtech Explainer: All you need to know about Unified Lending InterfaceThe data needed for credit appraisal currently lies scattered across governments, banks, account aggregators, and credit information compan...
Fintech startup IppoPay raises funding from CaratLane founder Mithun Sacheti, Jaipur Gems CEOIppoPay, a Chennai-based fintech startup, received an undisclosed investment from Mithun and Siddhartha Sacheti. The funds aim to boost cus...
70% MSMEs believe UPI will be the driver of retail salesCustomers nowadays give preference to on-the-go purchases via digital payment methods.
View: RBI's credit on UPI plan can create a win-win situation for allLast month, RBI, during the course of the monetary policy committee announcement on interest rates, said that pre-sanctioned credit line wo...
Paycraft becomes the official ticketing partner for Pune MetroA cashless kiosk will be launched soon. It will have the capabilities of making payments via digital channels including UPI.
IT minister asks bankers to create robust, digital platform for easy credit availability to small businessesThe building blocks required to create such a platform are already available, given the strong ecosystem of Aadhaar, mobile phones, UPI pla...
Regulatory sandbox to spur innovations in MSME spaceA cohort on MSME Lending is expected to spur innovations that can fill the lending gap for MSMEs through the innovative use of technology a...
RBI opens third cohort under the Regulatory Sandbox“The MSME segment has emerged as the growth engine of Indian economy contributing significantly to the economic and social development of t...
AA framework offers UPI-style revolution in MSME financingFour private banks set to go live by July on account aggregator framework
New-age lenders can be the solution to the credit chasm for MSMEsThe conventional distribution model of traditional lenders has always been tilted towards the urban areas and focuses on larger ticket size...
E-lending firms recommend direct debit feature on UPI to help startupsRBI had sought the industry’s recommendations on what would help the micro- small and-medium industry come out of challenging times.