Jugnoo has announced that the demonetisation has lead to an “unprecedented growth” in transaction done via digital wallets. The service has stopped accepting Rs. 500 and Rs. 1,000 and notes that more than 50 percent of customers still prefer to pay by cash. It says that it has started offering other modes of payment in order to help deal with the current situation. The company claims that the most common digital wallets used by customers is Paytm, Mobikwik, and Freecharge. Jugnoo has also said that it would be introducing UPI.
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