@mohitmehra and I were discussing this yesterday. A lot of businesses facilitating MicroATMs etc might be impacted gradually as UPI penetrates further.
Do share your thoughts on this.
if you see the following tweet seems like it has been the same historically also. personally for me didn’t reduce anything due to UPI… its just the amount reduced by a lot. but the frequency I would say remained the same.
Possibly because the average withdrawal amount might have increased drastically as currency circulation has doubled in the last few years.