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Tags archives: cashless-india

China benefits as India goes digital

As India pushes for digital transactions post note ban, there is an unlikely beneficiary from the country’s cashless journey: China. India has sent rovers to explore Moon and Mars, but surprisingly it has no company that can manufacture swiping machines on a large scale. As a result, the country imports 90 per cent of swiping machines used for cashless transactions at shops and business establishments in the country, and almost […]