Sajith Pai on Startups and Venture Capital
Ideas of India
00:00
The High Number of Cash on Delivery Transactions in India
50% of e-commerce transactions in India are cash on delivery, according to an Innes Valley report. This figure is staggering for a couple of reasons: Is this happening because there are only 35 million credit card holders? Or is it happening because they are a little bit nervous about credit cards getting hacked? They're worried about just giving their information away. It's more fundamentally about trust in Indian market and contracts being not enforced.
Transcript
Play full episode
