e-Money share in India's payment systems grew to 21.5%: Report

Getting a leg-up from from the demonetisation of Rs 500 and Rs 1,000 notes in November 2016, the share of e-Money in India's payment systems grew to 21.5 per cent in 2017 from 0.8 per cent in 2012, according to a new report from the Reserve Bank of India.