https://www.desidime.com/discussions/how-india-pays-statistics?page=1#post_9161082
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What is your preferred mode of payment?
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How INDIA Pays? Statistics
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What is your preferred mode of payment?
Mine is UPI, NEFT, CREDIT CARD and Prepaid Wallet.
By Looking at the Volume UPI is no.1 and Cheque/DD is Last.
By Looking at the Amount NEFT is no.1 and Prepaid Wallets are Last in Position.
Source - @ Investywise
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https://www.desidime.com/discussions/how-india-pays-statistics?page=1#post_9161114
Upi
https://www.desidime.com/discussions/how-india-pays-statistics?page=1#post_9161163
Upi on local shops, credit card on ecommerce merchants
https://www.desidime.com/discussions/how-india-pays-statistics?page=1#post_9161287
NEFT is first in volume because of Salaries and DBT to farmers/students uses that.
https://www.desidime.com/discussions/how-india-pays-statistics?page=1#post_9161303
what about good old cash
https://www.desidime.com/discussions/how-india-pays-statistics?page=1#post_9162575
panchabhut wrote:what about good old cash
And how do you count the number?
https://www.desidime.com/discussions/how-india-pays-statistics?page=1#post_9162786
panchabhut wrote:what about good old cash
You think they can keep track of that ? If that was possible then it won't be this easy to buy netas.
https://www.desidime.com/discussions/how-india-pays-statistics?page=1#post_9162825
https://www.desidime.com/discussions/how-india-pays-statistics?page=1#post_9162968
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panchabhut wrote:
RBI gives cash circulation figures. That is a good measure.
Any track of 2k notes
https://www.desidime.com/discussions/how-india-pays-statistics?page=1#post_9163264
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Kochiro wrote:Any track of 2k notes
They are mostly out of circulation. Possibly hoarded for "horse trading" purposes.
In a reply to a query in the Lok Sabha in Dec 22, , the Central Government said that no fresh Rs 2000 notes have been printed from 2018-19 onwards and the share of Rs 2000 denomination out of total Notes in Circulation (NIC) has dropped from 22.65% in 2020 to 13.8% by March 2022.
https://www.desidime.com/discussions/how-india-pays-statistics?page=1#post_9163273
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Probably now called Mule Trading 🥲
panchabhut wrote:Horse 🐴🤔
They are mostly out of circulation. Possibly hoarded for "horse trading" purposes.
Probably now called Mule Trading 🥲
https://www.desidime.com/discussions/how-india-pays-statistics?page=1#post_9163486
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BlueFlash wrote:
You can track via this:
Crazy people with crazy theory, only heard during that time but didn't listen to their patent theory.
Hats off to this people. If technology such available at that miniature and low cost it would have been amazing to include in all valuables so that nothing is lost and tracked instantly 😂. No one would have stolen mobiles or gold chain.
https://www.desidime.com/discussions/how-india-pays-statistics?page=1#post_9164169
Credit cards, wherever they are accepted without additional fee, else UPI.
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Upi on local shops, credit card on ecommerce merchants