The government’s demonetisation of ₹500 and ₹1,000 currency notes has led to the meteoric rise of Paytm, India’s largest digital wallet and payment company.
“When the cash is back, it will be a challenge. We will have to see how policy helps digital payment,” said Sanchit Vir Gogia, Chief Analyst and CEO of Greyhound Research.
Source: Hindustan Times