Covid-19 brings about behavioural change in cash usage, say experts
Top Searches
Covid-19 brings about behavioural change in cash usage, say experts
PTI / May 16, 2021, 16:15 IST
FacebookTwitterLinkedinEMail
People wait to withdraw cash from ATM
NEW DELHI: The COVID-19 pandemic has brought about a behavioural change in usage of cash with people withdrawing larger amounts from ATMs but preferring to make digital modes to make payments, said experts.
The ferocity of the second wave of the coronavirus pandemic has scared people, forcing them to withdraw larger amounts from the ATMs with a view to avoid frequent visits. The money thus withdrawn is mostly held for emergency use and often payments are being made through UPI and other digital modes.