India

12840 ATMs, and 153 Cashtic users!

Diwan Bhadur Road
641002
India

Diwan Bhadur Road
641002
India

Diwan Bhadur Road
641002
India

Wyra Road
507002
India

Wyra Road
507002
India

Tiruchi Road
661005
India

411034
India

Lieutenant Vijyant Thapar Marg
2013010
India

NH163
506001
India

NH163;NH563
506011
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!