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According Renub Research, India Payment Market will reach to INR 280.84 Trillion by 2027.In 2018, India launched UPI 2.0 with the aim to increase UPI with more use transactions.
India Online Payment Market will grow at staggering CAGR of 15.73% during 2020-2027.In India Prepaid payment instruments (PPIs) have remained limited to about 43 authorized prepaid payment instruments example gift cards, meal reimbursements and foreign exchange cards.
In the last 5 years, the credit cards issued number has grown from 211 lakh to over 550 lakh, and debit cards numbers has grown from 5,535 Lakh to over 8,000 Lakhs.
While the government and digital payment companies compelling for a cashless economy, the drawback probably lies in the lack of a procedure affecting the implementation of digital payment methods.
In India metro cities like Delhi, Mumbai, and Bengaluru have more options and facilities to do payments as compared to small cities and countryside’s.
This is one of the major hurdels which are affecting the growth of India digital payment industry.Renub Research report titled “India Payment Market & Volume by Digital Mode: UPI (Value, Volume, Revenue), NETC, (Value, Volume, Revenue), Bharat Bill Pay System (BBPS) (Value, Volume, Revenue), Existing Business Categories, New Business Categories, Categories Share in Transaction Volume, Channel Wise Split (Transaction Value), Cross-Border Remittances (Inflow, Outflow, Revenue), Credit Cards (Transactions Value, Transaction Volume), Debit Cards (Transaction Value, Volume), Revenue (Credit Card and Debit Card), ATM Transactions (Value, Volume, Revenue), Merchant Acquiring Revenue, VAS Revenue, AePs (Value, Volume, Revenue), Prepaid Payment Instruments (Value, Volume, Revenue) provides a detailed analysis of India Online Payment Market.Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/india-payment-market-p.phpDigital Payment Modes - Market, Volume & Revenues breakup from 7 viewpoints1.
Essential Duties & Responsibilities:Invoice preparation and processingPricing verificationCustomer inquiries and requestsCollectionsCommunication with salesmen and internal personnelSkills/Competency:Must possess computer skills (Microsoft Office including proficiency with Excel and Outlook)2+ years of Accounting Receivables experience preferredExcellent customer service skillsDisplay effective time management and planning skillsHigh attention to detail with flexibility to complete multiple taskRequirements/Qualifications:High School diploma or equivalentWilling to work overtime when requiredSelf-motivated and responsibleCommunicate with management effectivelyCLICK TO APPLY
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