On Friday the official of E-wallet MobiKwik “Over a million street vendors across 25 states will be trained to conduct digital transactions with customers to tide over the current cash crunch”. To make India a cashless India, MobiKwik and National Association of Street Vendors of India (NASVI) come forward as partners. This partnership is formed to teach the millions of street vendor’s digital transactions.
NASVI founder Arbind Singh said “the livelihood of small and street vendors has been hit to a great extent following demonetization and the partnership with MobiKwik will help them at this juncture.”
"Following demonetisation, street vendors across India have lost 70 percent of their businesses and this solution will enable them to keep their businesses running," Singh said.
Co-founder of MobiKwik Upasana Taku said “the company constantly strives to develop solutions to bridge the gap between Bharat and India in tune with its motto 'Desh Ke Liye, Desh Ka Wallet'.”
"This association is imperative for us to support street vendors by educating them about the various e-payment options available to get payments from customers," Taku said.
They are planning to develop one million of street vendors in next three months. And in future this amount will increase to three million of vendors in 24 states in all over India. They all are hoping to make a cashless India a better India because; due to demonetization street vendors are facing the crunch of customers. One more thing we will get with this wallet facility that digitization of the transactions of street vendors.
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