By Tara Nathan Executive Vice-President, Humanitarian and Development, Mastercard
Published 01-23-23
Submitted by Mastercard
Originally published by World Economic Forum on January 20, 2023
In India, farmer Saravanan Madhavan digitally connects with buyers to sell his crops. Payments are credited to his account the same day. It’s a welcome departure from how other farmers like him get paid: often late and only partially.
Buyer Ramesh Kumar once trekked through fields to find farmers. Now, technology helps him locate and purchase the exact produce he needs at the best price, saving him time and money on travel.
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