Fri, Nov 10, 2017 | Updated 01.55AM IST
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Demonetisation was a move that was supposed to push the nation to a cashless economy, but RBI data shows that usage of wallets, non-UPI banking apps and Aadhaar-enabled payments has been slow to catch on, while that of debit cards has fallen. There was e-payments amounting to Rs 200 trillion in August, an increase of 5% over August 2016. Some categories of digital payments have even fallen below their pre-demonetisation levels. Mobile banking saw the sharpest fall of 30%, since August last year.
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