Role Of  EMIs Through  Online Shopping In India-An Overview.

Dr.V.Masulamani

Role Of EMIs Through Online Shopping In India-An Overview.

Authors: Dr.V.Masulamani

Unique Paper ID: 172341
Volume: 11
Issue: 8
PageNo: 2775-2779

Keywords: EMIS ONLINE DEBIT CREDIT CARDS

Abstract:
Online shopping is far better than traditional shopping since it uses the internet to deliver goods right to our door. This can help businesses pinpoint the elements that significantly influence a consumer's decision to shop online, enabling marketers to develop strategies that boost online sales. Customers can browse the company's offerings of goods and services, view images or videos of the products, and view product details, features, and prices there. In order to find distinctive models, brands, or products in online retailers, shoppers can usually utilise functions. In order to finish an online transaction, customers need to have access to the Internet and a legitimate payment method, like a debit or credit card. Amazon.com and Flipkart are the two biggest internet retailers. Equated Monthly Installment. Usually for a loan or credit card payment, it is a set sum of money that a borrower gives to a lender each month. Both the principal and interest paid on the loan are included in the EMIs. EMIs is frequently used to pay back loans for homes, cars, education, personal needs, and other assets. Instead of paying the entire price up front, EMIS plans let customers spread out their payments over a longer time frame. But this ease of use can sometimes result in impulsive shopping, where consumers buy things without properly weighing the EMIS payments' financial implications. Nowadays, a lot of consumers opt to pay using free equivalent monthly installments (EMISs). For big purchases, this is a practical option to pay without having to pay the entire amount at once. No-cost EMIS alternatives are typically available for pricey items including electronics, appliances, furniture, and more. Online and retail websites are increasingly incorporating this capability. Read on to learn how free EMIs operates. This article highlights the e commerce platforms EMIs facilities.

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Cite This Article

ISSN: 2349-6002
Volume: 11
Issue: 8
PageNo: 2775-2779

Role Of EMIs Through Online Shopping In India-An Overview.

Available:https://ijirt.org/Article?manuscript=172341

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