Yes, and India too. Every little roadside vendor now accepts Paytm or PhonePe or Google Pay or Mobikwik or Freecharge. The only way to get money into these mobi

Yes, and India too. Every little roadside vendor now accepts Paytm or PhonePe or Google Pay or Mobikwik or Freecharge. The only way to get money into these mobile wallets is either by linking to a bank account, linking to a credit card, or by doing a wallet-to-wallet transfer. But what surprises me is the extent of penetration of these wallets despite not being cash based. To a large extent, this success is probably attributable to the "glue" between these disparate wallets - the government-launched UPI or Unified Payments Interface (https://www.npci.org.in/product-overview/upi-product-overview https://www.npci.org.in/product-overview/upi-product-overvie...), which allows you to link any of these wallets directly to your bank account.