Friday, April 19, 2024
Outlook India
Outlook Business

Msme Transactions

In India, 63.4 million MSMEs, mostly micro-enterprises, must sustain their digital transformation to stay competitive. Initially focused on efficiency, a holistic approach is now vital for continued relevance

Industry watchers feel the impact will be felt most by larger players in the MSME sector who might dissuade customers to use digital wallets as a payment option and even offer cash discounts to save on the interchange fees