Traders’ body launches initiative to accelerate acceptance of digital payments among merchants

The Confederation of All India Traders (CAIT) has launched an initiative to fast-track acceptance of digital payments among traders across the country and linking them with e-commerce portals. It has partnered with HDFC Bank, Mastercard, Global Linker, a networking platform for SMEs, and the Common Sercive Centres (CSCs) of the Ministry of Electronics & IT (MeitY) for the digital initiative.

“This first of its kind grassroots initiative called `digi vyapari-safal vyapari’ will transform the rural and urban economy and benefit small merchants and traders even in the remotest of places across the country,” said Praveen Khandelwal, Secretary General, CAIT, at the launch on Thursday.