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Razorpay Registered 3X Growth in Payment Volume through SMBs that went Online for the First Time during COVID in 2020

Bengaluru (Karnataka) [India], February 5 (ANI/NewsVoir): ( https://razorpay.com/?couponCode=NEWYEAR21 & version=t1 ) India s leading Fintech Unicorn, today announced that it registered 3X growth in payment volumes over the past 12 months, thanks to the thousands of SMBs, especially from Tier- two and three cities, who chose the payment gateway as they went online for the first time. This led to large scale adoption of digital payments across the country, as Razorpay witnessed over 54% of digital transaction volume coming from SMBs in Tier-two and three cities alone. Online transactions in cities like Ahmedabad and Jaipur grew by about 50 per cent within a week s time.

Aim To Onboard 5 Million SMBs, Invest Heavily In Strengthening Security Infrastructure: Razorpay

Aim to onboard 5 million SMBs, invest heavily in strengthening security infrastructure: Razorpay The payments solutions provider which has onboarded 7 lakh SMBs, startups and freelancers in the past 12 months also plans to invest in strengthening security and fraud analytics infrastructure and building hyperlocal solutions. PTI Razorpay (PC-Facebook) Razorpay on Thursday said there has been strong growth in the number of small and medium businesses adopting digital payments during the pandemic, and it expects to onboard 5 million SMBs on its platform over the next one year. The payments solutions provider which has onboarded 7 lakh SMBs, startups and freelancers in the past 12 months also plans to invest in strengthening security and fraud analytics infrastructure and building hyperlocal solutions.

Beyond the noise: What Indian entrepreneurs need from Budget?

Beyond the noise: What Indian entrepreneurs need from Budget? In two days, FM Nirmala Sitharaman will announce what will be India’s first post-COVID-19 Budget. This is on the back of a very difficult year for companies across sectors, and a lot is riding on this year’s Budget. 0 claps Share on In two days, Finance Minister Nirmala Sitharaman will announce what will be India’s first post-COVID-19 Budget. This is on the back of a very difficult year for companies across sectors, and a lot is riding on this year’s Budget.  YourStory spoke to key stakeholders from the startup ecosystem to understand their asks and needs to enable entrepreneurs to continue innovating in critical areas and realise Prime Minister Narendra Modi’s vision of an Aatmanirbhar Bharat.  

Amazon Business marketplace registers 85% YOY growth in sales in 2020

Amazon Business marketplace registers 85% YOY growth in sales in 2020
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Amazon SMB Impact Report highlights benefits to 10 lakh+ partners

Amazon SMB Impact Report highlights benefits to 10 lakh+ partners
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