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ITC’s rural hypermarket records 13% rise in digital transactions

In a bid to promote digital payments, ITC Ltd. has initiated e-payment solutions across its rural hypermarket chain.

The brand is offering a discount of one per cent on its products across Choupal Saagars, reported the Business Standard.

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Post demonetisation, digital payments at Choupal Saagar, rose by 13 per cent from November 2016 till April this year.

“As a result, cashless transactions at Choupal Saagars increased from eight per cent to 21 per cent post demonetisation,” said ITC Ltd.

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To promote digital payments, the company had sent 6 Lakh SMSes to its customer base on how its rural hypermarkets have geared up to promote digital payment.

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