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Snapdeal is just using the opportunity to get more customers into it's ecosystem, it says that it would take 1 rupee (0.015 USD) commission to deliver 2000 rupe
by Abishek_Muthian 10y ago
Snapdeal is just using the opportunity to get more customers into it's ecosystem, it says that it would take 1 rupee (0.015 USD) commission to deliver 2000 rupees (29.495 USD) and that too from the cash received from COD (cash on delivery). People paying online for products on e-commerce sites is all time high in India as they don't have cash to spare, so I don't really see a way it's going to be successful.
As for Paytm, I really doubt their commitment to the security of their products. This was my experience on vulnerability disclosure on their product - https://medium.com/timebender-technologies/paytm-says-to-me-that-its-pos-feature-didn-t-have-a-security-risk-b6b23e5af8c5#.o4teeselz https://medium.com/timebender-technologies/paytm-says-to-me-...
- khrm 10y agoI am quite surprised to see their response. First thing, this whole wallet business is fishy and full of security vulnerability. Who is certifying/auditing these wallets companies like in case of internet banking and card transactions?
- Abishek_Muthian 10y agoIt should be the same card agencies themselves, they require the application which takes in card details to adhere to PCI DSS guidelines. But it never was designed to have the user enter card details on merchant's phone.
- deleted 10y ago[deleted]