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India moving towards less cash economy
India moving towards less cash economy
Written By
Wion Web Desk
Published:
Nov 30, 2016, 23:24 IST
| Updated:
Nov 30, 2016, 23:24 IST
An infographic on how the government's demonetisation has moved people towards using non-cash modes of transactions
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Growth in credit card transactions is lower than debit card transactions, nevertheless, there has been a significant growth.
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The debit card transactions have more than doubled since demonetisation.
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The maximum increase in the card usage has been seen at restaurants.
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Different agencies have come out with figures that point out that India is moving towards a cashless economy.