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India not Even Close to Becoming Less-Cash Economy, Says Nandan Nilekani
March 15, 2019
Co-founder of Infosys Nandan Nilekani who is also the chairman of RBI Committee on Digital Payments said that India’s goal of becoming a less-cash economy is still beyond reach as there are several challenges surrounding the security of this mode which needs to be addressed first. He said that we need to create an environment in which digital payments are accepted in a way that cash is today. However, he said that several forms of digital payments including credit/debit cards have expanded in India in the past few years.
Photo credit: Dr PS Sahana * Kadamtala Howrah on Visualhunt.com / CC BY
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