mooPay : Direct payment platform for diary farmers

mooPay : Direct payment platform for diary farmers

Question : Stellapps is an end-to-end dairy technology solutions company.It has launched the mooPay for which State’s dairy farmers ?
(A) Rajasthan
(B) Madhya Pradesh
(C) Uttar Pradesh
(D) Gujarat
Answer (A)
Related facts

  • Stellapps has recently announced the launch of a first-of-its-kind, fully-automated direct payment platform — ‘mooPay’ — for dairy farmers in Rajasthan.
  • mooPay acts as a payment gateway for dairies to make payments to every registered farmer, removing the risks and costs of transferring money to many farmers in hundreds of villages.
  • It enables dairy officials to transfer milk payments digitally to member farmers from the dairies’ existing bank account to farmers’ savings bank account.

Stellapps

  • Stellapps is an end-to-end dairy technology solutions company.
  • The IIT-Madras incubated dairy-tech startup and World Economic Forum’s technology pioneer, Stellapps, launched mooPay in Bhilwara district of Rajasthan on October 15.

By — Pankaj Pandey

Link:
https://www.thehindubusinessline.com/economy/agri-business/stellapps-launches-moopay-for-dairy-farmers-in-rajasthan/article32869121.ece