Trader’s remarks: Payments-related technological innovations are changing the way the Indian consumer pays, however, cash remains king. The usage of debit cards at ATMs still account for around 94% of the total value of debit card transactions. Compared to this, transactions at the point of sale (PoS) terminals, account for only 6% of the value of transactions. One of the reasons is that the usage of cards has been constrained by lack of accessible acceptance infrastructure, especially in rural areas. Hence, most customers still largely use debit cards for ATM withdrawals.