Amazon Pay ensures cashless transaction
at 50 lakh small & medium businesses
As part of Amazon’s commitment to digitally enable small & medium businesses (SMBs) in India, Amazon Pay today announced that it has empowered over 50 lakh neighborhood stores & businesses with its digital payments infrastructure.
In Chennai, close to 1.5 lakh small & medium businesses now use Amazon Pay. These SMBs, most of whom earlier transacted only in cash, can now accept payments from their customers using Amazon Pay’s QR Code.
This milestone achievement was revealed by Amazon’s Senior Vice President, Russell Grandinetti, in conversation with Nandan Nilekani during the session ‘innovating for a better India’ at Amazon Smbhav.