Agreed on all points. This problem has led to the proliferation of wallets. PayTM, ICICI Pocket and other virtual wallets are gaining ground super fast coz of

Agreed on all points. This problem has led to the proliferation of wallets. PayTM, ICICI Pocket and other virtual wallets are gaining ground super fast coz of their ease to do transfers. The whole market is heading in that direction purely because of RBI's short sighted policies. I have a feeling that when a scandal/scam occurs on this type of a system. The ban hammer comes down on them too.