For India to become a digital economy, cash is the real competition more than any other instrument
Our country is on a journey to becoming a digital superpower and, over a period of time, we all have realized that this vision of Digital India cannot be complete without digitizing cash-use in our country. A less-cash environment is completely dependent on a robust digital payments ecosystem, which is still at a nascent stage; and that’s the reason most of the retail payment transactions in our country is still in cash.
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