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Jan 8, 2017

Cards, ATMs will be ‘redundant’ by 2020

Posted by in category: finance

India’s financial transaction dilemma.


BENGALURU: Amid the big push being given to digital transactions post-demonetisation, NITI Aayog CEO Amitabh Kant today said cards, ATMs and Point-of-Sale (POS) machines would become redundant in the country by 2020.

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