Demonetisation made people understand mobile payments
Digital payments are not driven solely by cash backs any more, they are now convenience centric, said Paytm founder and CEO Vijay Shekhar Sharma, in an interview. The mobile payments firm has stopped offering cash backs to ‘repeat’ customers. Paytm, backed by Japan’s Softbank and China’s Alibaba, has seen a fourfold rise in monthly transactions to 200 million, since demonetisation.
Read the full interview at http://www.thehindu.com/business/Industry/demonetisation-made-people-understand-mobile-payments/article19999095.ece
Source: The Hindu
tags: demonetisation Paytm