It has been just over a couple of months now since demonetisation came into effect, and there is curiosity about how India is moving towards digital payments. Walnut has 5mn+ users and based on anonymised, aggregate data, we generated a scorecard to rank all states in India based on their move to a cashless economy…
72% of Indians who earlier used their debit cards only for ATM cash withdrawals, now making debit card purchases 3 times a week -Delhi showed highest growth in overall cashless transactions -Chennai’s cashless transactions growth impacted We have witnessed a big jump in cashless transactions across the country, and a doubling of transaction frequency from…
On November 8, 2016 the government announced that existing currency notes of Rs 500 and Rs 1000 would be demonetised, and put in place several measures to regulate the usage/exchange of these old notes as well as on cash withdrawals and deposits. Since then, there have been several changes to these guidelines, and we’ve updated…
It has been close to a month now since the Government announced demonetisation of Rs 500 and Rs 1000 notes, after which people across the country have been on the lookout for ATMs in search of cash. Within 48 hours of this announcement, our #ATMwithCash feature was launched, and since then it has helped…
We welcome the Government’s move to demonetise old Rs. 500 & Rs. 1000 notes to help curb the black economy in India. However our day to day life is still heavily dependent on cash and we realise you’re struggling to find a functional ATM near you. Hence we’re excited to announce our newest feature: Find…
