Impact of Digital Payments on Retail industry
Technology is growing at a fast pace, and it has brought major changes in the retail industry too. The way you pay for goods and services is becoming digital, whether you are grabbing groceries, buying a new pair of shoes, or ordering something online, how one pays for these has changed dramatically. From tapping your phone to pay to scanning a QR code, digital payments are making transactions faster, more secure, and more convenient. Fumbling with cash and waiting in long ATM lines is becoming a matter of the past.