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India Going Cashless

Can India Really Go Cashless

Ever since the Indian Government has opted to take back notes of Rs. 500 and Rs. 1000 the number of people waiting outside banks and ATMs has only increased. A lot of people are still looking to get their old banknotes exchanged, get money for their daily expenses, and in such a situation it seems that plastic money – in the shape of credit cards and debit cards – could be the only way forward. [...]