UPI's Impact: How Digital Payments Killed the Candy Busine

UPI's Impact: How Digital Payments Killed the Candy Busine

Source: google

UPI revolutionized transactions, making cashless payments more convenient.

Convenience at fingertips: 

Source: google

UPI's popularity led to a significant decline in cash transactions.

Decline in cash usage: 

Source: google

UPI eliminated the need for loose change, impacting candy business sales.

Reduced reliance on loose change: 

Source: google

Digital payments reduced cash circulation, affecting candy sales.

Less cash in circulation:

Source: google

UPI's deliberate decision-making process decreased spontaneous candy purchases.

Limited impulse purchases:

Source: google

Digital payments facilitated the growth of online candy retailers, challenging traditional businesses.

Increased competition from online retailers: 

Source: google

Candy businesses must embrace digital payments or find new ways to entice digital-savvy customers.

Adaptation or extinction: