India's Audacious Plan to Bring Digital Banking to 1.2 Billion People
A biometrics-backed ID system will make it easier for everyone—from rural villagers to urban dwellers—to ditch cash.
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India is trying to yank its cash-based economy into the 21st century.
But how do you get 1.2 billion people, many of whom have never seen a bank or opened an account, to send digital payments to each other?