On 2/24/2016, the Cabinet, chaired by Prime Minister Narendra Modi, approved the withdrawal of convenience fees, service charges and surcharges on credit cards and digital payments. The government also mandated that payments above a certain threshold are to be made by
At first glance, you would think yes, once you have the customer’s credit card information on file, you are set and you have landed a customer for life. If this is your theory, you are treading on very slippery slope.
Today’s retailers are selling their products 24/7, to a technology savvy, “on the go” consumer. This new age consumer prefers to shop at their own time and in their own space. They generally have no patience for the haggling process
Innovation has been a constant through the ages. New products that satisfy a need or simplify a process are constantly brought to the consumer’s attention. Lately, there has been a surge in the use of the internet to sell products
Internet accessibility is at an all time high in India. According to sources including the World Bank, in 2015, India’s internet users were at 15.1% which roughly translates to 196 million users. In comparison, US has an internet user count