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IndiaMART to introduce financial services similar to Alibaba-Alipay model

IndiaMART to introduce financial services similar to Alibaba-Alipay model

Wednesday, March 8, 2017, 5:31 PM

IndiaMART, India's largest business-to-business marketplace, is building a financial services platform and will shortly launch an escrow service, features the company expects will help double its business. The company, which has been testing the platform since January, plans to introduce both payment and credit facilitation services. It aims to introduce a payment gateway in two-three months to enable sellers to accept payments electronically.
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