November 8 2016 was a historic day for India, when Prime Minister Narendra Modi took a bold and swift step, demonitising the highly circulated Rs.500 and Rs.1000 currency notes. Encouraged by the government, customers and merchants are looking for ways to exchange money without using cash. The change is gradual, but is headed the right way. Megacities like Mumbai, Bangalore and New Delhi have jumped at the chance and enabled plenty of businesses to go cashless. Second-tier cities like Pune, Indore and Coimbatore are slower, but are surely getting there one business at a time. Continue reading “Making India cashless”