In such a terrifying situation of coronavirus outbreaks, the country’s e-commerce companies are more interested in taking bills through digital payments rather than cash. As a result, digital payments have increased in e-commerce.
Before the crisis caused by coronavirus in the country, the rate of payment through digital was 30 to 40 percent. More popular was Cash on Delivery or COD. At present, the rate of payment through digital has almost doubled. However, no exact figures were found. E-Cab, an organization of e-commerce companies, also has no complete information on the matter. However, the e-commerce sector has grown, the organization said. Ordinary product orders have quadrupled in e-commerce compared to the usual time.
Talking with e-commerce stakeholders, it was learned that most of the existing companies are taking 70-80 percent of their payments through digital. Some companies are taking 100% payment through digital. According to them, the risks involved in taking cash can be avoided. Companies now applied the digital medium like MFS (Mobile Banking) service, bank debit, and credit card.
Entrepreneurs of several e-commerce companies said they were discouraging buyers from paying their bills in cash. Because, when it comes to taking cash, both the buyer and the delivery man can be at risk of coronavirus. If the buyer is not able to pay the bill through the card, he is urging to pay the bill using bKash or other media.
