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Cash chaos bolsters India's digital payment system

Usage of Unified Payments Interface surges, with over 250,000 transactions in the first week of December
Tuesday, December 13, 2016 - 05:50

Mumbai

THE chaos caused by India's ban on high-denomination rupee notes has provided a boost to a national cashless payment platform that has struggled to gain traction.

Usage of the government-backed Unified Payments Interface (UPI) has surged, with more than 250,000 transactions

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