Mastercard collaborates with M1xchange to roll out digital invoice discounting solution
Mastercard collaborates with M1xchange to roll out digital invoice discounting solution for FPOs and agri-MSMEs via Farm Pass
The solution aims to benefit 10 million farmers and agri-MSMEs by addressing their credit access and working capital needs
20th April 2023, Chennai: Mastercard today announced its collaboration with M1xchange to offer a digital invoi ce discounting solution to farmers, farmer producer organizations (FPOs), and agri-MSMEs through Farm Pass, i ts cutting-edge agritech platform. Along with enabling easy access to credit and working capital, the solution wi ll allow farmers and FPOs to directly connect with buyers, negotiate the best price for their produce, and get pa id faster. Farm Pass is part of Mastercard’s broader Community Pass platform.
As part of th...