Big push to go cashless, but hurdles remain – Straits Times

When Prime Minister Narendra Modi demonetised India’s high-value banknotes late last year in a move to tackle corruption, the severe currency crunch led Indians to embrace mobile-based cashless payment systems in a big way.

Vendors helped to play a significant role in facilitating this mindset change in a country where cash has traditionally been king.

Seeing how their customers did not have enough cash to pay for groceries or even a cup of tea, many vendors switched to mobile-based payment applications.
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