Post demonetisation, which digital payment method to use? 

Since November 8, every Indian has only one thing on mind: the dilemma of choosing a safe, secure, convenient and cashless payment option. Currently available cashless payment systems include credit/debit cards, e-wallets such as Paytm, Unified Payment Interface (UPI), IMPS, USSD, RTGS, and NEFT. Which one should you use and for what kind of transactions? Here’s how you can decide.

……………………In terms of cost, for instant digital payments up to Rs 1 lakh, UPI and e-wallets seem like better option and above Rs 5 lakh, NEFT is cheaper, but there is a trade off with the time taken to complete the transaction.