Paynearby Technologies Product Manager Interview Questions and Answers

Q1. Experience and hobbies
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Q1. How would you improve recharge metrics for airtel thanks app
Ans. 
To improve recharge metrics for airtel thanks app, focus on user experience, personalized recommendations, and seamless payment options.
• Enhance user experience by simplifying the recharge process and reducing the number of steps required.

• Implement personalized recommendations based on user's recharge history and preferences.

• Offer seamless payment options such as saved payment methods, digital wallets, and UPI integrati...read more
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Related to the domain for which I applied.

Q1. Product related questions and scenario base discussion.
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Q1. Salary and grade discussion
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Explain a project you have worked on. how did you go about implementing the same? as a Product Manager of Swiggy you need to increase orders for swiggy

How will you increase consultation for your company? [case from previous work experience]

Q1. Tell me something about yourself?
Ans. 
I am a dedicated and experienced product manager with a passion for creating innovative solutions.
• Over 5 years of experience in product management

• Strong background in market research and product development

• Proven track record of successfully launching new products

• Excellent communication and leadership skills

• Passionate about driving product strategy and growth
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Q2. What are your long term goals
Ans. 
My long term goal is to become a senior product manager leading a team of innovative individuals, driving impactful product launches and contributing to the company's growth.
• Advance to a senior product manager role

• Lead a team of innovative individuals

• Drive impactful product launches

• Contribute to company's growth
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Build a cross border payments suite

Q1. Pick a type of payment method and tell me all the systems involved in that.
Ans. 
Credit card payment involves multiple systems like POS terminals, payment gateways, and card networks.
• Point of Sale (POS) terminals are used to swipe or insert the credit card for payment.

• Payment gateways securely transmit payment information between the merchant and the bank.

• Card networks like Visa, Mastercard, and American Express process the transaction and transfer funds between parties.
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Q2. Tell me about one of your projects in customer support
Ans. 
Implemented a new ticketing system to streamline customer inquiries and improve response times.
• Identified pain points in existing customer support process

• Researched and selected a suitable ticketing system

• Trained customer support team on using the new system

• Monitored and analyzed data to track improvements in response times
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Netflix daily viewership is falling. How will you analyze the potential reasons?
A brief description of your answers/approach (Optional): Divided the potential reasons into - a) Industry-wide problem, b) Competition, c) Product. For product, showed the entire customer journey and the potential dropoff points

Q1. Mainly questions around profile. Questions on FinTech industry in general and tested my fit.
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Q1. Swiggy wants to get into a new business. Which business would you recommend? Analyze from business and product standpoint
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