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Online Shopping Payment Method: There has been a steady increase in the number of people doing online shopping in India in the last few years. With the increase in the trend of online shopping, the number of people making online payment has also increased, but ‘Cash on Delivery’ is still the most used payment option today.
GoKwik has recently revealed in its survey that even today Indians choose the most cash on delivery option in online shopping. On the other hand, UPI Payment Option is being used the most. It has also been revealed in this survey that the trend of prepayment option among Indians is increasing very fast.
UPI users increased by 20%
E-commerce company GoKwik has said that after a data study of all orders made in the second quarter of FY 2022, it has been found that 64% of people have opted for cash on delivery payment option while shopping online. Option is selected. Along with this, the number of people paying through UPI has increased by 20% in the last one year.
In such a situation, it is clear from this survey that even today, a large number of people in the country rely on cash on delivery (COD) more than online payment. Talking about abroad, people shopping there online choose the most online payment option. In such a situation, companies need to do more work to increase online payments among Indian customers.
Increase in prepaid payments due to increasing use of mobile
GoKwik CEO and Co-Founder Chirag Taneja said that even today a large number of people in India prefer cash on delivery and there is a need to instill confidence in the customers about prepaid delivery. Along with this, it has also been found from this survey that the number of people using the Unified Payment Interface (Unified Payment Interface) has also increased rapidly due to the increasing Internet effect and more use of smartphones in the country. Has happened.
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