You are on page 1of 3

RURAL INDIA

As 70% of the total economy of India


URBAN INDIA comes under rural the payments method
is dominated by cash. About only 60% of
The Indian economy has been the total population of rural peoples are
dominated by cash. But the increased aware of and using the digital payments
smartphone adoption and favorable method leaving majority part still
regulatory policies have created the unaware of this things.
baseline infrastructure required for a
leapfrog growth in digital payments.
More than 44% peoples in urban areas
are using digital payments option for
their convinience.
Explaining the effect after using Providing cheaper smartphones so
Digital Payment Method everyone can afford

The growth in digital payment methods


can be only done if we increase the
First of all rural peoples should be smartphone penetration in rural areas. As
aware of both advantages and a greater number of people will increase
disadvantages ,like how this will create the use of smartphones, they will get to
ease in their life and how misuse of know the convinience of it.
this can affect them
This will allow people in rural India a more
Mini ATM convenient method to deal with cash. Most of
the people are still struggling with their cash
withdrawing through banks, this approach
will definitely help them a lot. This will educe
their efforts of getting into bank and standing
in long queue also this will enable
shopkeeper and customer a better mode of
transaction.

To achieve this in rural areas the main


problem will to introduce the cause of the
machine. They should create an
awareness campaign to introduce this
machine.After creating awareness they
have to teach the people about how to use
this machine so people over their can use
it effectively.

You might also like