Assignment Sample Solution: Digital Payments December 2023
NMIM$ Global Access
School for Continuing Education (NGA-SCE)
Course: Digital Payments December 2023
Internal Assignment Applicable for December 2023 Examination
1) Outline the steps involved in implementing digital wallets, and then evaluate the opportunities they provide to both businesses and customers. (10 Marks)
2) Explain how blockchain technology is utilized in digital payments and evaluate its potential impact on the future of the financial industry. (10 Marks)
3) You are a business consultant working with a small retail store that specializes in handmade crafts. The store primarily operates with cash transactions and has a limited customer base. The store owner is interested in exploring digital payment options to
improve customer convenience and expand their business. As a consultant, you need to recommend and analyze the implementation of digital payment solutions.
a) Suggest and justify two suitable digital payment options that the small retail store can implement to enhance customer convenience. Consider factors such as ease of use, security, and cost-effectiveness in your recommendations. (5 marks)
b) Analyze the potential impact of adopting digital payments on the small retail store’s business growth and customer acquisition. Discuss how digital payments can help reach a broader customer base and improve overall sales. (5 Marks)
General or Editable Assignment: “We offer assistance in rephrasing your content to ensure its originality. After making modifications, you can use online plagiarism detection tools available on the internet to verify the uniqueness of your assignment. Once you’ve checked and edited your content, you can upload your assignment with confidence. Feel free to contact us via call or WhatsApp at 8448433923 for guidance on how and where to make changes. Please note that we cannot guarantee the originality of your content if you do not make the necessary adjustments before submission.”
Note: Changes are Mandatory in General Assignment as it is general sample. Use it as a reference.
Unique Assignment: “You can upload your assignments directly, and we guarantee you’ll receive more than 80% marks. Our assignments are plagiarism-free, ensuring that there are no cases of copying. We stand by our commitment to provide 100% guaranteed assignments.”
General Assignment: Buy Online
Unique Assignment: Call/WhatsApp at 8448433923 to book the order.
For Unique Assignment , kindly WhatsApp us at 8448433923 with subject details….