Friday 7 September 2018

Advantages of Shopping Online with Mobile Banking Apps

Internet banking apps have revolutionised everything - from the way we manage our finances to the way we shop. A study conducted in 2012, noticed that retailers’ sales had boosted by over 40% just by being present online! This encouraged more vendors to cater to online shoppers as they realised it was more advantageous to shoppers, as compared to traditional methods.

While fantastic shopping deals and online offers are used to lure customers in, they are not the only reason why online shopping is preferred. Here are some reasons why it is better to shop online than visit outlet:

1.    Convenience and comfort
Want to lie on the couch and binge on ice cream while picking out amazing clothes and accessories at the same time? Today, it is possible to shop at midnight while sporting pyjamas! There are no store assistants to continually question you and all the information and product descriptions, available on the screen. Payment is also simple as all financial institutions have net banking apps that enable users to send money online instantly.

2.    Bonanza deals!
Apart from stores offering products at discounted rates, banks also have offers on their cards and money transfer apps. Fantastic shopping deals in the form of reward points can be gained for shopping worth a price and redeemed later. Individual banks and digital wallets also offer cashback options, making for the perfect way to indulge in some retail therapy.

3.    Shop from across the world
Long gone are those days when consumers would wait for relatives or friends to return from trips abroad, with the extensive list of everything requested. Today, these lists are available at our fingertips especially since now, most companies ship internationally and accept online bill payments for all transactions.

4.    Comparative study
For the best deals, it is best to compare products present in different stores to find the cheapest one. Rather than continually moving from one store to another, which is tiring, it is easier to switch from one tab to another, making it easier to spend less and save more, and pay instantly before the product sells out. To make the process of shopping a hassle-free and enjoyable one, mobile banking apps are the way to go!

5.    Curbing the compulsive shopper
Many times, consumers get attracted to products because they look attractive or because of their low rate, even though they are not required. Despite there being online offers, chances of compulsive shopping, are much lesser as consumers already know what they want, before going online completing their bill payments online.

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