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: