India has leapfrogged the United States in bank account usage. And banks have easily overtaken digital wallets. This paper is a good overview of the amazing identity and payments system India built in the last 5-10 years to make that happen https://www.bis.org/publ/bppdf/bispap106.pdf …pic.twitter.com/BT2uX6OKe7
11:27 PM - 5 Mar 2020
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