Cash is still king in India's semi urban and rural areas, UPI favourite in metros

Top bankers say that cash withdrawal from ATMs slowed down in major cities, as payments through UPI (united payments interface) have clearly taken over. However, ATMs are still very relevant for cash customers in India, especially in the tier-2 to tier-6 towns.

from Banking/Finance-Industry-Economic Times https://ift.tt/51UHeGF