Is india ready to go cashless
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Posted by Mådihä Ušmån 7 years, 3 months ago
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Payal Singh 7 years, 3 months ago
India lacks infrastructure, which might be the biggest setback for a cashless system. Access to banking facilities and opening accounts has not reached the interior parts of India. In spite of Jan Dhan accounts being opened, most of the accounts seem non-operational. Lack of literacy about available banking facilities is a huge hindrance for such a system.
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