Amazon Pay announced that its digital payments infrastructure had reached more than 85 lakh offline small business owners and entrepreneurs. Earlier, these merchants operated primarily in cash, but now they accept customer payments using Amazon Pay QR codes. Additionally, initiatives such as the Amazon Pay for Business App, voice notification capabilities, easy access to working capital loans, and more enable such micro-businesses and merchants to experience a convenient digital journey.
Among the more than 85 lakh SMBs, there are more than 40 lakh retail and shopping outlets, such as Kirana stores and general stores; more than 13 lakh dining establishments such as restaurants, small restaurants, fast food restaurants; hairdressing, mobile phone recharge, Internet cafes, healthcare, tourism transportation, education services, grocery stores and other service providers about 30 lakhs.