The 8th of November, 2016 will go down in history as an event that sparked the digital payment movement in India. The Narendra Modi-led banknote demonetization of 2016 paved the way for the growth of e-wallets, online payments, and e-challans but a drop in the growth rate to 7%. PayTM hit a record 5 million transactions in a day and 24,000 crores worth of transactions....
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