Mastercard collaborates with India’s M1xchange to roll out digital invoice discounting for farmers

Published on April 24, 2023

Current Context: Mastercard announced its collaboration with M1xchange to offer a digital invoice discounting solution to farmers, farmer producer organizations (FPOs), and agri-MSMEs through Farm Pass.

Mastercard collaborates with India’s M1xchange to roll out digital invoice discounting for farmers
  • Mastercard aims to bring together MSMEs, FPOs, traders, and farmers on a single platform to address their working capital and credit needs through an invoice discounting solution, leveraging the secure and consented data on the Farm Pass platform.

Question: 

Q.1 Who has Mastercard collaborated with to offer a digital invoice discounting solution?
a. FPOs
b. Farmers
c. M1 Xchange
d. Agri-MSMEs

Can I help you?

ramandeep singh

Hey I am Ramandeep Singh. I am determined to help students preparing for RBI, SEBI, NABARD and IBPS exams. Do you want me to help you ?

Join my class here
    Follow me:
Close Menu
Close Menu