The online payment app and service, Freecharge reported a growth of usage of the app by 12 times after the ban of the Rs. 500 and Rs 1000 notes after mid night November 8th 2016. This massive jump was seen over the 100,000 online and offline stores that use the service of freecharge like, BookmyShow, Zomato,Snapdeal Swiggy, McDonald’s, Cafe Coffee Day.
“Freecharge has been on a mission to Make India Cashless. The announcement made by the Honorable Prime Minister yesterday is the biggest boost to creating a cashless India. We are thrilled that crores of Freecharge customers will be able to continue paying conveniently and securely for all their utilities and at leading merchants in India. The 12x surge we have witnessed is unprecedented and clearly driven by this big announcement,” added, Govind Rajan, the CEO of Freecharge.
This shows how people know how to deal with such situation and use digital wallet as a backup for their difficulties.
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