In this era of rapid technological advancements, SMEs in India are ensuring that they do not get left behind in their digital transformation journeys led by cloud-adoption. Acceleration of these interventions has only increased in the recent times keeping in view, the need for SMEs to grow their businesses exponentially with IT modernization.
Digital Payments are estimated to grow at a rapid pace to account for more than 70% share of all payments by 2025. The continued innovation and increased performance in digital technology, consumer demand for one-touch payments, policy push toward financial inclusion, desire to marginalize cash, and an exponential rise in digital applications and services are the mega-trends that are driving the Digital Payments revolution.
AWS’ “pay-as-you-grow” capability enables Chumbak to avoid the need to make large IT investments upfront. The company hasn’t needed to build a data center with the capacity to handle sudden spikes in web-store traffic. By using AWS, Chumbak has on-demand infrastructure and pays only for the IT capacity the web store consumes.