Latest Breaking News On - Uot in line with our endeavour to drive financial inclusion amongst the unbanked and underserved merchants of bharat - Page 1 : comparemela.com
New Delhi [India], August 26 (ANI/PRNewswire): BharatPe, one of India's leading fintech companies for merchants, today announced that it has expanded its footprint to 400 towns and cities across India. The expansion is in line with the company's commitment to driving financial inclusion across Bharat by enabling wider adoption of digital payments as well as addressing the credit gap for SMEs and offline retailers. The company also shared that it has recorded consistent growth in payments TPV and has recently achieved the milestone of USD 20 bn in annualized TPV. Last year, BharatPe had announced that it aims to scale its presence to 300 cities by March 2023. The company has aggressively expanded to tier-2, 3 and 4 towns and cities since then, as it believed in the opportunity that tier-2 and beyond towns and cities of the country had to offer. The company has rolled out its UPI QR payment acceptance service and loans to merchant partners in the new cities in the first phase. Bh