Love of cash hinders India's move to digital economy


  • TECH Premium
  • Thursday, 14 Nov 2019

A vendor holding an Indian one hundred rupee banknote in Mumbai, India. For many citizens living in rural areas, cash is still the bedrock of daily existence because of a lack of facilities. — Bloomberg

SATARA, India: India's dependency on cash may slow the country's transition to digital payments despite large numbers of Internet and mobile phone users.

For many citizens living in rural areas, cash is still the bedrock of daily existence because of a lack of facilities.

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