Pakistan is one of the most underdeveloped countries in the world. The speed at which the best online shopping in Pakistan has spread over the years is enviable. Numerous features have directly contributed to this remarkable growth. Let us see the most imperative factors directly adding to amplified e-commerce activity in Pakistan. Minimall.pk is one of the best e-commerce platforms that delivering an excellent range of products to people by their wonderful voice search feature.
Internet Utilization & Population Data
During the last decade, internet utilization in Pakistan has amplified considerably. Anyone doubtful about this information must have a look at the number of internet users developed during the last 12 years. The total number of consumers has developed exponentially with internet usage penetration growing from 0.1% in the year 2000 to 10.4% in the year 2010. It is by no means a small accomplishment with a 100 times increase in internet penetration.
Altering Business Models
We all distinguish how the internet has grown over time. Pakistan, unluckily, being overwhelmed in terrorism since the year 2000 when the internet started growing, has not been capable to successfully establish any online payment mechanisms. However, a lot of achievement stories of online shopping websites in Pakistan have been major suppliers in devising new internet payment transaction models that have aided pave the way for making payments online. Payment on delivery has been one of the most fruitful business models. Consumers purchasing technology gadgets, health supplement products, and other items of necessity have positively switched to this new business model. Several online shopping websites have been capable to establish trust among their consumers by delivering the products and getting the payment on delivery.
Online banking has also been on the upsurge. Large multinational banks e.g. HSBC and Standard Chartered are already providing easy to transfer online payment services. These online banking transactions have been delivered with protected availability to reduce probabilities of misappropriation or fraud. One of the other significant features that will further add to the development of the best online shopping in Pakistan is transaction charges. When numerous different firms are trying to aid their consumers to make payments online, transaction costs will considerably go down.
Lastly, we still remember those days when sending money to somebody meant at least two to three hours of spare work containing credits, account numbers, and other documented obligations. However, modern online payments have resolved all these difficulties when you only need to present your national identity card for transferring the money to someone anywhere in the country.
Minimall.pk is an e-commerce website for online shopping in Pakistan with easy Shipping & payment on delivery services. Minimall is dedicated to providing the best cost-effective online shopping experience to consumers in Pakistan by their amazing voice search feature.