Digital payments tsunami, regulatory hurdles, hit cash management firms hard

By Ankit Agarwal

  • 13 Sep 2021
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Credit: Thinkstock

Declining growth in ATM machines and regulatory hurdles, coupled with a high penetration of other payment channels such as the United Payment Interface (UPI), micro-ATMs, digital wallets, and card payments, are making it difficult for cash management firms to achieve a double-digit growth despite physical cash in the economy growing ......

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