Thursday, November 21

Tag: googlepay

Digital Wallet Dominance: 58% India’s E-Commerce Revolution Driven by Mobile Wallets
Fintech, Payments

Digital Wallet Dominance: 58% India’s E-Commerce Revolution Driven by Mobile Wallets

India’s e-commerce landscape is undergoing a significant transformation, with alternative payment methods now commanding a substantial 58% share of the market in 2023. This shift, driven by the widespread adoption of mobile and digital wallets, marks a profound change in consumer preferences and transactional behavior. The Changing Face of Indian E-Commerce: The Rise of Alternative Payments Mobile Wallets: Brands like Amazon Pay and Google Pay have gained prominence as alternative payment solutions among Indian consumers. Decline of Cash: Traditional cash payments, prevalent in in-store retail, have witnessed a sharp decline in online purchases, capturing only a 6.2% share of the market. Payment Cards Remain Relevant Credit and Charge Cards: Payment...
Fintech Magic: Making Money Simple and Fast for Young Indians
Blog

Fintech Magic: Making Money Simple and Fast for Young Indians

Exploring the Charm of Fintech: A Tale for Our Young Desi Minds Ram Ram doston! Have you ever wondered about the enchanting world where paisa meets technology? Well, that's Fintech in literal terms! Today, let's embark on a journey to demystify the wonders of Fintech in simple words that even our youngest friends can understand. What is Fintech? Using the power of technology to make money matters simpler, fast, and more enjoyable! It's a fusion of "Finance" and "technology." Imagine your piggy bank having its own tez dimaag and superpowers – that's what Fintech is all about! How does it work? Think about how you receive your pocket money. Usually, it's a physical exchange – a few coins or notes handed over to you. Fintech changes this game by making money digital. It's like having...