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Why the recent cash crunch is not bad news for all
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Why the recent cash crunch is not bad news for all

Digital-pay companies see 10x spurt in growth after demonetisation, report Ayan Pramanik and Shine Jacob/Business Standard from Bengaluru. Image: While the US has 13.5 terminals for every 1,000 debit cards, India has only two terminals for the same number. Photograph: PTI Photo. With the government pushing digital transactions after demonetisation, demand for point-of-sale devices is likely to grow 10 times. At least two digital payment service providers have witnessed stupendous growth in ... Rediff.com, 2 months ago
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