Smartphones, the new medium of business. Any individual or organization can pursue their business remotely. Almost all task like Purchasing to selling, marketing to payment collections are now possible via smartphone and internet.
10. wwww.bhumkar.net
What is UPI payment?
UPI stands for
Unified Payment
Interface
Developed by
National Payments
Corporation of
India
Regulated by the
Reserve Bank of
India
UPI is built over
Immediate Payment
Service (IMPS)
Available 24*7 and
across public holiday
No need to pre-
deposit amount in
wallets
Run on Virtual ID
without A/c No,
name, IFSC
12. wwww.bhumkar.net
Transaction Discount Rate (TDR) on Digital Payment
Debit
Card
Credit
Card
Net
Banking
Wallets
Bank’s
IMPS
International
Debit/Credit Cards
@ 3%
(average rates, may vary time to time)
13. wwww.bhumkar.net
Interesting Fact about E-commerce in India
• Men in India shop 3X more than women!
• 71% of shoppers believe that they will get a better deal online than in
stores.
• An eCommerce industry in India reached the mark of 100 million
users in the September month of the year 2016
• 60% of online purchases happen during business hours. (9AM – 5PM)
• Cash-On-Delivery (COD) remains the most preferred online payment
method.
• Clothing and accessories remain at the top with 35% followed by
mobile accessories at 27%. Computer accessories stand at 3rd position
with 8% sales cover.
(source: Internet)