Walk into any small shop and you'll see a mix of QR codes, card machines and cash drawers.
Fees per payment
Card payments usually carry a fee for the merchant, while UPI payments in India generally don't.
Getting the money
Shops also care about how quickly money reaches their bank account.
What customers use
Offering the methods customers prefer can bring in sales that would otherwise be lost.
Equipment and records
A card machine may have rental costs, while digital payments make keeping accounts easier.
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- 1 Sample source: background reference
- 2 Sample source: official or primary document
- 3 Sample source: explainer from another publisher (facts only)
