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Digital Payments Market Increase
WebCanvas: survey said - Online shopping will continue even after lock down, लॉक डाउन के बाद भी जारी रहेगी ऑनलाइन खरीदारी | | words.neteyes  (#Image for representation only)
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Digital Payments Market Increase 
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Digital Payments Market Increase  

survey said - Online shopping will continue even after lock down, लॉक डाउन के बाद भी जारी रहेगी ऑनलाइन खरीदारी |


Digital payments had just started picking up, If the situation persists longer, then businesses at the payments companies are going to take a beating at least for the next three-four months as people would remain cautious of going out. As per estimates, digital payments are likely to be increase.
A large part of the digital payments, both volume, and value-wise come from OTA, movie and event booking portals, and entertainment (that includes retail shops, food courts, bars, and restaurants). These categories together form around 40 % of the total digital payments universe. The rest comes from utility bills and financial services segments.

Segments that will impact digital payments due to COVID19
Restaurants and bars
Entertainment parks

Sectors that will boost digital/card-based payments
Small grocery stores
onTop media such as Netflix, Amazon Prime, Hotstar
Online money transfer
Broadband usage
ATM withdrawals

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