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Evolution of banking services in India

Cheryl

Hello everyone,

With rapid technological advancements, banking services are digitizing at lightning speed. °µÍø½ûÇøs are thus propelled into a new era of options and payment methods, disrupting the traditional banking services of local establishments in India. An evolution that presents a range of opportunities and challenges on a local scale.

Share your experiences regarding the evolution of bankings services in India:

To what extent are the latest banking technologies being adopted and utilized in India? (contactless payments, phone-based payment systems, QR codes, etc.)
What are the advantages and disadvantages?

Are new payment methods emerging in India? Which ones, and what does it change in your daily life?

What are the advantages of using local bank services versus an international online banking service as an °µÍø½ûÇø?

Are there specific features in banking apps that you find particularly helpful as an °µÍø½ûÇø in India?

By sharing your experiences and insights, you contribute to a broader understanding of the evolving banking landscape for °µÍø½ûÇøs in India.

Thank you for your contribution.

Cheryl
°µÍø½ûÇø Team

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Banking services in India evolved from traditional branches to digital platforms, offering convenience, accessibility, and innovative financial solutions.