Finally, after much anticipating, Reserve Bank of India, or RBI came up with the final mode of paying issues, with a completely new set of guidelines. This is likely to end all ambiguity, which surrounds the field of contact less payment solutions. As reported earlier, there is not going to be an additional verification factor, which can land up to any amount till 2000 bucks.
Norway, Sweden and few other countries are smaller than India but have already implicated the cashless system in full effect. Now here’s lie the logic that a big country, specifically a subcontinent, like India can’t go cashless completely.