A Project Report On Comparative Study Of Cash And Online Payment In Retail Within Grocery Sector.docx

A PROJECT ON COMPARATIVE STUDY OF CASH AND ONLINE PAYMENT IN RETAIL WITHIN GROCERY SECTOR

MASTER OF MANAGEMENT STUDIES IN MARKETING

MUMBAI UNIVERSITY 2018-2019

SUBMITTED BY SANJIT BISWAJIT GUPTA ROLL NUMBER-MS1718030

UNDER THE GUIDANCE OF MRS. VRUSHALI RAMDASI

INSTITUTE OF MANAGEMENT AND COMPUTER STUDIES

MASTER OF MANAGEMENT STUDIES IN MARKETING

COMPARATIVE STUDY OF CASH AND ONLINE PAYMENT IN RETAIL SECTOR WITHIN GROCERY SECTOR

SEMESTER III

(2018-2019)

SUBMITTED BY SANJIT BISWAJIT GUPTA ROLL NUMBER-MS1718030

INSTITUTE OF MANAGEMENT & COMPUTER STUDIES

ANNEXURE 1

ANNEXURE 2

ANNEXURE 3

CERTIFICATE

THIS TO CERTIFY THAT MR. SANJIT GUPTA OF MASTER OF MANAGEMENT STUDIES IN MARKETING SEMESTER III (2018-2019) HAS

SUCCESSFULLY

COMPLETED

THE

PROJECT

ON

COMPARATIVE STUDY OF CASH AND ONLINE PAYMENT IN RETAIL SECTOR WITHIN GROCERY SECTOR

_____________________

(Director)

_____________________ (Project Guide)

_____________________

(Internal Examiner)

_____________________

(Principal)

_____________________ (External Examiner)

DECLARATION

I SANJIT B GUPTA STUDENT OF MMS (MARKETING) SEMESTER III (2018-2019) HEREBY DECLARE THAT I HAVE COMPLETED THE PROJECT ON COMPARATIVE STUDY OF CASH AND ONLINE PAYMENT IN RETAIL SECTOR WITHIN GROCERY SECTOR

__________________________ Sanjit Gupta Roll No. MS1718030

ACKNOWLEDGEMENT

I would like to express my gratitude to The University of Mumbai, for giving me this opportunity to conduct research on Marketing and Sales, which has been a great interest to me. This project has helped to understand how the online payment effects the current overall scenario. I would like to thank my mentor to have patiently and meticulously examine my research and analysis offering me valuable inputs regarding the same. Lastly, I would like to acknowledge my Parents and family, who gave their unconditional support throughout the making of this project. Compiling this project has given me a comprehensive learning experience and I am extremely thankful for the same.

Thank You

Executive Summary

The Business Development will focus on customer acquisition. Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. It is a subset of the fields of business, commerce and organizational theory.

Identifying then creating networks for the company for future aspects.

Creating and maintaining a database of prospect clients. Collaborating with management on sales goals.

INDEX

SR NO

TOPIC

1.

Introduction

2.

Objective of the project

3.

Scope of QR code in online payment

4.

Influencer of digital payment and cash payment

5.

Research methodology

6.

Data Analysis

7.

Diagrams and charts

8.

Finding, Conclusion, suggestion, limitation

9.

Questionnaire

10.

Appendix

PAGE NUMBER

IMPORTANCE OF PROJECT REPORT

The project report is an extremely important aspect of the project. It should be properly structured and also necessary to include the appropriate information regarding the project. The aim of the project is to produce a good project report which satisfy the expectations of the clients which developed during the project duration defined.

Learning how to write an effective report is an important skill and requires attention to the most salient aspects of management process. Here are useful strategies for writing a project management report.

 Identify the audience  Decide on the length of the report in advance  Divide the contents of the report into clearly labelled categories  Use formatting techniques to guide the attention of readers

1

INTRODUCTION OF PAYSO FINTECH PVT. LTD

A promising start-up focused on simplified payments solutions promoted by exbankers with a cumulative experience of 50+ years in the managerial capacity in specialized areas such as Digital Payment Solutions, Physical Payments, ecommerce Acquiring business, Digital Wallet Solutions, Electronic Banking products apart from Cash Management and Transaction Banking products.

They provide payment solution and cash management solution for B2B and B2C space with focus on Hyperlocal, Shared economy, ecommerce and retail point of sale business. They provide payment solution and cash management solution for B2B and B2C space with focus on Hyperlocal, Shared economy, eCommerce and retail point of sale business. They understand there is lot of simplification that needs to be brought in digital payments and cash management for its true adoption by both buyers and sellers.

Payso Fintech Private Limited's Annual General Meeting (AGM) was last held on 30 September 2016 and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 31 March 2016.

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Course work- Had to sell a payment gateway product in the name Payso which was supported by Kotak Mahindra Bank and Ratnakar Bank Ltd. This project is a product which is supported by Government of India under the banner name of BHIM which has a tie-up with Visa card, Master card.

Project- We promoted this QR code and sold the application to the merchandisers in a particular geographical area. There was no restriction in selling to a particular sector barring Jewellery were kept out. The motto was to Digitalise India and to promote cashless economy with a purpose to maximum population.

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Fact Sheets Website https://paysofintech.com/ Headquarters Mumbai, Maharashtra Technical Team Pune Year Founded 2015 Company Type Partnership Size 51-200 employees Specialties Digital payments, e-wallets, Cards Payment, Bharat QR, BHIM(UPI)

Competitors Phonepe, paytm, ICICI and HDFC as Bank Initiated by Kotak Mahindra and RBL

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Job Description:

I was selling and canvassing to Merchandisers from Thane to Thakurli

I had sold it to various sectors like Hotels, Malls and supermarkets, Salons, Furniture and furnishing showrooms, Interiors and decorators and so on.

In short whichever shops and establishments came in the area I had approached them. In 9 weeks of training visited approximately 200-250 establishments and shops

5

LEARNINGS It was quite a knowledgeable experience. While interacting with customers faced several live problems and avenues to resolve the same.

In this working tenure confidence of one self on the subject which I have chosen has increased and now I am looking to the academic knowledge which I would be gaining from my MMS course.

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