With Nordic countries swiftly advancing to cashless modes, Asian countries like China, Singapore and now India are on the way to make digital payments popular. In India, the demonetisation of 86% of the currency notes in circulation in 2016 accelerated the shift to digital payment modes. Yet, cash continues to account for over 90% of transactions.
from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/2ZCAxB9
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Saturday, December 28, 2019
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Quantum Leap: End of cash is near, cashless currencies are in vogue
Quantum Leap: End of cash is near, cashless currencies are in vogue
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