MICRO PPT OF MBA STUDENT FOR CLASS PRESENTATION.pptx

chinkirajashree 4 views 11 slides Aug 07, 2024
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About This Presentation

ABOUT ECONOMY


Slide Content

Consumer Preferences for Online Payment Methods BY- RAJASHREE PAIKARAY        AKANKSHYA TRIPTHY        PRANGYA SARANGI       POOJA JYOTI MOHANTY

CONTENT INTRODUCTION RISE OF ONLINE PAYMENTS PAYMENT METHODS CONSUMER PREFERENCE ADVANTAGES CHALLENGES

Online payment is a transaction that takes place via digital or online modes, with no physical exchange of money involved. This means that both parties, the payer and payee, use electronic mediums to exchange money. ONLINE PAYMENT

The Rise of  Digital Payments Growing Adoption Advantages for Consumers Driving Factors

Common Online Payment Methods Debit/Credit Cards Digital Wallets Bank Transfers

Consumer Preference for Online  Payment Methods 1 Factors Driving Preference 2 Popular Methods 3 Security and Trust

Emerging Trends in Online Payment Methods 1 Mobile Payment Solutions 2 Cryptocurrencies 3 Contactless Payments

Advantages of Online Payment Methods Convenience and Accessibility Time-Saving and Efficient

Challenges  and Concerns Lack of Trust in Online Transactions 2. Resistance to      Change 3. Connectivity Issues

Conclusion Understanding consumer preferences for online payment methods is crucial in a digital era. By adapting to changing trends and prioritizing security and convenience, businesses can optimize the payment experience for their customers.
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