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How e-commerce has changed shopping rules in the pandemic
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Last Updated: Apr 22, 2021, 08:09 AM IST
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Synopsis
With parts of India under a fresh lockdown, no-contact deliveries and online payments have been life-savers in these unprecedented times.
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Brands across sectors are using various aspects of digitisation, such as UPI, credit cards and even social media, for ease of payment options, minimising the use of cash and contact at the time of delivery.
For shoppers, the imposition of fresh restrictions means it’s not just about finding a good deal online anymore. A good deal in 2021 means ease of shopping and payment, and most importantly, contact-less delivery.
LIC ties up with Paytm to handle all its digital payments
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State-run insurance firm, Life Insurance Corporation has appointed Paytm, digital payments major, to facilitate its digital payments. What this means is that LIC policy holders can now pay their premium using Paytm.
Sources told
Times of India, LIC had tied up with another payment gateway earlier but has now signed a new deal with Paytm as most of its payments have moved to digital modes. The news report said 17 payment platforms had aggressively bid, but Paytm bagged the contract due to its ability to straddle multiple payment services.
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