Indians possess a habit to save and prefer to spend in cash with a vast majority of the 1.2 billion population without a bank account. In 2016, 78% of all consumer payments in India were made in cash - but that could change soon.
India's Fintech Startups Will Cause A Cashless 'Payment Revolution' By 2023
Forbes - 18 Aug 2016 08:04
Indians possess a habit to save and prefer to spend in cash with a vast majority of the 1.2 billion population without a bank account. In 2016, 78% of all consumer payments in India were made in cash - but that could change soon.
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