Wednesday, 16 November 2016

Queuing up outside ATMs to withdraw cash in India? Check out these apps first

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Fintech companies and app developers are cashing in on India's demonetization.

For the next several weeks, Indians have no choice but to queue up outside banks and ATMs in dim hopes of getting some cash out. But now there are apps and bots to help.

It’s been more than a week since India’s Prime Minister told the nation that the country is demonetizing its most circulated tender bills — Rs 500 ($7.5), and Rs 1,000 ($15). The instant panic that pushed people to ATMs that Tuesday evening has since only gotten worse. But if you plan well, you can avoid wasting time on those queues.  Read more...

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