Expansion of digital transactions through e-Wallets and COVID-19 pandemic

COVID-19 has created both a health and an economic crisis, both of which are strongly affecting SMEs everywhere. At the same time, the current crisis may present financial institutions and regulators with the opportunity to accelerate digital transformation. This transformation, in turn, could enable SMEs to continue serving their customers, stimulate new consumption, and support economic recovery.

Member News: #WeMoveForward, a free financial health check initiative, to reach 600,000 SMEs in India

Member CreditEnable launched the “We Move Forward” initiative designed to help SMEs keep their businesses safe during the COVID-19 crisis. Offering free financial health checks and access to working capital loans, CreditEnable plans to provide 600,000 SMEs with this free service over the next month.