Airtel Payments Bank has collaborated with Mastercard to create customised financial products for Indian farmers and Small and Medium Enterprises (SMEs). These financial products particularly for those territories where there is less access to bank administrations. The coordinated effort will unite Mastercard’s worldwide and nearby involvement with developing advanced financial solutions and Airtel Payments Bank’s circulation system to arrive at the last mile and its large customer base.
The association targets constructing a computerized stage which gives farmers information about advanced farming techniques and association with commercial centres, while at the same time empowering them to receive payments directly in their Airtel Payments Bank account.
Important takeaways for all competitive exams:
- Airtel Payments Bank Headquarters: New Delhi.
- Airtel Payments Bank MD and CEO: Anubrata Biswas.
- Mastercard Headquarters: New York, U.S.
- Mastercard President and CEO: Ajaypal Singh Banga.