Cashless transactions on rise post demonetisation

In a bid to circumvent the demonetisation-induced cash crunch, common people are coming up with novel ways to honour their monetary commitments.

While a state government employee here has made payment in cheque to a priest who solemnised his daughter's marriage due to cash crunch, a juice vendor is accepting money through digital mode.

"I offered cheque of Rs 1100 to a pandit (priest) for solemnising the wedding of my daughter as I ran short of hard cash," said a lineman with Madhya Pradesh Public Health Engineering (PHE) Balkrishna Sharma.

Sharma said he has a bank account in which his salary gets credited.
 

"..But I couldn't withdraw adequate money from the bank even after going to it 4 to 5 times, for my daughter's marriage, despite the fact that I have enough deposit," he added.

A sugarcane juice seller, Prakash Kushwaha has put a billboard informing that digital payment by mobile phone wallet is accepted at his stall.