Consumers tend to spend more while swiping credit cards than while spending cash, because the pain associated with the former is lesser than the latter.
I have already been living cashfree for the past 15 months or so. Most of my planned purchases are done online. I don’t remember the last time I bought something at a mall.
In an address that shocked the nation, Prime Minister Modi unveiled his boldest move yet in the government’s fight against …
TL;DR? We should not get carried away by utopian visions of a cashless society and proceed with caution.