Indifi partners Google Pay to offer instant digital credit to SMEs – Google Pay has partnered with Indifi Technologies in order to offer instant loans to medium, small and micro enterprises (MSMEs) as the second-largest player in Unified Payments Interface (UPI) transactions in India.
- The loans will be provided in the range of Rs 2.5 to Rs 3 lakh.
- Google Pay has gained a rise in its financial services play over the past year with a 35% share of monthly UPI volumes.
- It is already offering loans and short-term credit to individuals and small merchants in tie-ups with IIFL Loans, CASHe, and ZestMoney, among others.
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