Crisis and Mobile Money: Prof. Rahul Dé

In the absence of the availability of cash in circulation, and shortage of cash in banks and ATMs, users migrated to the easiest alternative of using mobile money, visible in the sudden spike digital payments and its subsequent growth post-November 2016, write Prof. Rahul Dé, from the Information Sciences area at IIMB, and Dr Abhipsa Pal, in Economic Times.