Director / Editor: Victor Teboul, Ph.D.
Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations,® aims to promote awareness of the major democratic principles on which tolerance is based.

India Hopes Currency Shortages Will Drive Transition to Cashless Economy

Share this article
Hundreds of customers who come to pick up popular local savories at Satnam Singh’s shop in a bustling market in New Delhi used to hand out cash for their purchases, usually amounting to $2 to $5. But his sales plunged after massive currency shortages hit India following last month’s ban on high value denomination notes. Realizing that people did not have cash to spare for non-essential purchases, he began offering his customers the option to pay via mobile wallets. “Standing in long lines...

Read complete article

© Voice of America -

Follow us on ...
Facebook Twitter