In a sudden earth-shattering move on November 8, 2016, the Indian government announced a ban on Rs. 500 and Rs. 1000 notes.
The Indian community had an adreline rush of mixed emotions. It’s been month now and still there’s enduring confusion and chaos all around the country.
Not to forget mobile payment platforms like Paytm, freecharge are booming with #DeMonetization.
You can get almost everything shopping online and is the most feasible medium for all. Online business is popular amongst the young generation and sums upto 35% of the overall retail chain.
Online apps like Paytm and Mobikwik had crossed the target to be achieved and due to demonetization it gained success within a fortnight.
Inorder to avoid standing in a long queue and save time people prefer having transactions online. Transactions with debit and credit card have increased.
Well the most unexpected thing that even the chaiwala or the sabjiwala we visit on daily basis have gone online for making payments.
Eventually, this has encouraged every business small or large to go online. Already existing businesses are looking to develop a mobile app for convenient use of the customer.
Individuals are coming up with new ideas of business and implementing them with mobile app development.
If demonetization has also affected your business or you have some new business idea, Mobile Application Development Company in Pune, India, can prove like a magic wand.