India’s Digital Payments Re-Revolution

Shopper making a mobile payment using QR Code. Photo by David Dvořáček on Unsplash

On 8 November 2016, Indian PM Narendra Modi made an unscheduled television address to announce the demonetization of ₹500 and ₹1000 banknotes.

There were prolonged cash shortages across the country and many people were left stranded in long queues…

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store