Preferred Payment Mode For Online Shopping
We got some interesting results here.
- As per the results, most of the respondents (53%) prefer UPI payment for online transactions, followed by 24% who prefer Credit/Debit Card payments.
- About 20% prefer making payments via Cash On Delivery mode, and lastly, 3% prefer Net Banking.
- The results clearly suggest that UPI payment option is very popular among online shoppers .
- UPI’s omnipresent nature and convenience allows users to initiate payment from any UPI friendly applications with a simple QR code or a contact number. It also allows users to make payments quickly and easily from anywhere and at any time.
- Businesses in today’s dynamic world must adapt themselves with the users’ preferences and incorporate popular payment options for their products/ services to attract and retain customers.