Why you should use ofertas as your new payment option
With more than 4.5 million customers using the popular debit card from mobile payments service oferta, the company is set to make a splash in the world of prepaid.
According to analysts, the card has a total of Rs. 7,000 crore in its account.
However, the main reason for its high growth is that its low transaction fee of 1.4%.
However, in the last few months, it has seen a steep decline in sales, and the company has to deal with the problem of its low margins.
It was also one of the reasons why its stock has dropped by over 30% in the past six months.
Its revenue came to Rs. 5,937 crore in the financial year ended March 2017, but as of the end of March 2017 the company’s cash position stood at Rs. 4,634 crore.
While its customers like to pay by the day, its average transaction time is around an hour.
But, the service offers various options, which allow users to pay via mobile, Paytm or any other app.
With this in mind, it’s not surprising that the card company has been ramping up its prepaid offering.
With its latest launch, it is expanding its prepaid offerings to include two new categories: one of which, the mobile wallet, allows users to store and pay by card.
To facilitate this, the bank has rolled out a new feature to its existing payment platform, which offers mobile wallets for mobile phones.
For customers, this new option will be a boon.
In the coming months, all new customers will be able to buy their cards on their smartphones, and then use them on their existing card to make purchases at a range of retailers.
This will help reduce the friction and costs of shopping online, said Amit Singh, head of product management at card bank.
“In the long run, our focus will be on the customer retention side of the business,” he said.
“We need to understand the market and offer discounts and discounts for existing customers to stay competitive.”
In addition, the new card offers a slew of new features like cash back and discount cards, which is something that has not been possible before.
This, coupled with its low charge card fee of just 1.6%, will make the prepaid card a great option for customers.