India

12840 ATMs, and 153 Cashtic users!

700091
India

Underpass
695001
India

SH16
585214
India

GOAL CHAKKAR
834004
India

Pragati Path
HINDPIRI
India

Upper Meridien Road
695001
India

Pipeline Road
695001
India

Kulanga Lane
695001
India

Bonakal Road
5O7001
India

Street 1
5O7001
India

In a dramatic and unforeseen move in November 2016, India annihilated two of its highest-denomination banknotes, effectively obliterating 86% of the nation’s currency in circulation overnight. This bold maneuver, dubbed Demonetisation, aimed to dismantle rampant corruption and siphon out hidden wealth. The immediate aftermath was a pandemonium of serpentine queues outside banks and ATMs, with critics decrying the policy for disproportionately afflicting the impoverished and crippling India's vast informal economy.

Cash will be King at least in our lifetime! Look at the latest trends from the 4 largest economies in the world, US, EU, China and India based on data from the US Federal Reserve, the European Central Bank, the Reserve Bank of India, and the Bank of China. Is digital money and wire transfers overtaking cash, or its just a hype and marketing from Visa, Mastercard and digital bank startups?
ATM data by OpenStreetMap and its contributors. ATM counts and locations can be inaccurate!