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Mumbai: Ewallets see surge as cab commuters opt to go cashless post demonitisation

<p>Ewallets saw a surge as commuters opted to use the model to get about town instead of sparing precious cash in multiples of Rs 100 notes</p>

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Many people opted to use a cab to commute instead of parting with cash on Wednesday. File pic
Many people opted to use a cab to commute instead of parting with cash on Wednesday. File pic

It was a night of unearned turn of fortunes — both for Donald Trump and e-wallets. As soon as the demonitisation was announced late on Tuesday night, mobile apps Paytm and Ola Money, some of the popular e-wallet mode of payment, saw over a 1,000 per cent bump in recharges by people adding money to their accounts so as to continue using Uber and Ola cashless.

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