We're trying this with "Payment Banks". The DBT scheme itself tries to solve it by directly debiting money from your account and crediting it to the shopkeeper'

We're trying this with "Payment Banks". The DBT scheme itself tries to solve it by directly debiting money from your account and crediting it to the shopkeeper's account on a monthly basis automatically, but the real implementation is still cash withdrawls as of now. The Kenyan-SMS has also led to a monopoly of mpesa in the market, which the RBI is trying to avoid by bringing some decent regulations in the space of digital banking.