Why Mobile App Development Companies In India Focusing On Cashless Solutions

Posted by Kim_Smith under Technology
From https://medium.com 2835 days ago

According to the statistics presented by Statista, it’s been observed that the number of users using mobile wallets is expected to increase 21.9 million by 2021.

In the beginning of November 2016, Narendra Modi, The Prime Minister of India brought a revolutionary change to suppress the rotation of black money across the country. His powerful step gave rise to the cashless economy and users started going mobile for money transactions.

With the dawn of cashless economy, the demand of mobile wallets got a break. Top mobile app development companies in India had various projects in pipeline that required integration of cashless payment solution. Thus, Indian app developers picked a few easy cashless solutions that benefited their clients in earning good amount of revenue.