Credit cards, ATMs will be redundant in 4yrs: NITI Aayog CEO
Debit cards, credit cards, and ATMs will become technologically redundant in nearly four years, NITI Aayog CEO Amitabh Kant has said. Adding that people would use their mobile phones for financial transactions, he said that India would make a lot of innovations since it is the only country with a billion biometrics and as many mobile phones and bank accounts. 