Retail cheque payments down to a trickle in FY20 to 2.96%: RBI data

In FY2020, the share of paper clearing in total retail payments plunged to just 2.96 per cent in terms of volume and to 20.08 per cent in terms of value, the data showed.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/retail-cheque-payments-down-to-a-trickle-in-fy20-to-2-96-rbi-data/articleshow/78741918.cms