About Chitrangana
2019-20, India’s eCommerce Industry Report, Survey & Projection
India's eCommerce industry is all set to dazzle by double-digit growth even in a difficult economy state, 2019-2020The global eCommerce expert, Chitrangana.com; assures the upward growth shine for the eCommerce industry with the actual numbers and the deep surveys even after admitting one of the biggest slowdowns of a decade. The consultancy claims, the eCommerce B2C alone is capable rising eCommerce industry with the wondrous growth. The growth will order multi fold upon inclusion of service, hyperlocal and B2B segment.The eCommerce industry in India is predicted to ...
Why Indian eCommerce Start-Ups Don’t Prosper
India, a nation that boasts of nearly 500 million Internet users and the No. 1 market in the online retail space, should already be the global leader with regards to eCommerce. According to a recent study conducted by the International Data Corporation (IDC), India is the fastest growing market in the global Top 20 smartphone marketplace, witnessing an impeccable annual growth of 14% in 2017, with a total shipment of 124 million units. To add to that, even Rural India has observed a staggering growth in the mobile Internet business. Moreover, the Govt. of India’s recent draft eCommerce policy is tailor-made ...
O2O Commerce Is The Next Retail Revolution In India
DESPITE boasting of the world’s largest consumer base for eCommerce, online shopping portals contribute to only 4% of India’s total retail business. A recent study revealed that 96% of the marketplace prefers the traditional, offline shopping experience. Industry experts believe customers rely upon personal interaction and real time product information before making a payment. Even in metros and tier 1 cities, eCommerce portals contribute to only 22% of total retail sales. This low number can be attributed to reluctance of customers to trust online payment methods, undue shipping charges, the lack of installation assistance, and difficulty to operate without technology, ...
PCI Compliance Guide : Why Indian eCommerce Start-Ups Must look for PCI Compliance
A lot of eCommerce start-ups are entering the market, with hopes of competing with the likes of Amazon and Flipkart. To do so, they need to comply with PCI security standards, to avoid credit card fraud and data breaches. But what exactly does being PCI Compliant mean? Here, we explain:What is PCI DSS? The Payment Card Industry Data Security Standards (PCI DSS) is a globally accepted policy used to protect debit, credit and cash card ...
