Demonetisation of Rs 500 and Rs 1000 notes has resulted in mass adoption of digital payments solutions, including mobile banking, electronic banking, and mobile wallets. This means that a lot of people are now using their mobile devices to transact electronically for the first time, and it's not just an occasional use but the primary means of accessing their finances.
Disclosure: Paytm's parent company One97 is an investor in Gadgets 360.
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