Search
70% of Mobile Phone Buyers Prefer Cashless Payments
April 24, 2018
There has been a huge jump in the cashless payments for the purchase of mobile phones today compared to a few years ago, retailers and industry leaders said.
Today, around 70% of the purchases are done through credit/debit cards, virtual wallets, EMIs, etc. compared to mere 20-30% which was the norm a few years ago.
Croma’s CEO Avjit Mitra said that their physical stores account for only 20% of the sale while online purchases with cards make for 55-60%. Similarly, Bengaluru-based Sangeetha Mobiles retail chain said that cashless payments make for two-thirds of their sale today compared to just 40% a few years ago.
Important Links:
Tags:
FinanceCourses
-
testssd
-
testssd
-
testssd
-
testssd
-
testssd
-
Sage Foundation - Professional Diploma in Banking
-
Banking course + Job
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
3-in-1-management-program
-
MBA from HSNC University (Mumbai, India)
-
BBA from UK University
-
MBA for Executives
-
Certificate in Business English
-
Professional Diploma in Photography
-
Professional Diploma in Real Estate Management
-
Professional Diploma in Digital Marketing
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
Post Graduate Diploma in Integrated Marketing, Advertising & Communication
-
Post Graduate Diploma in Digital Marketing
-
Post Graduate Diploma in Banking & Finance
-
MBA from ARU, Anglia Ruskin University (UK)
