SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • News From Press More people doing digital payments, but of low value

    More people doing digital payments, but of low value

    Source: DNA Jun 15, 2018

    While 75% of the respondents were comfortable making online transactions, majority of the users were comfortable making low value transactions, said the 2018 Digital Habits Survey published by Exide Life Insurance. The survey was carried out across more than 9000 life insurance policy holders.

    According to the survey, credit cards emerged as the most preferred digital payment options, especially amongst those who make high value transactions, while debit cards emerged as the second most popular payment option.

    But less than 5% prefer to use e-wallets and BHIM for online transactions. The top three financial transactions made by respondents were utility bill payments, banking transactions, and paying insurance premium.

    Click here to read more>>

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.