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"Mostly dependent on how quickly card payments will overtake cash..
Unless, of course, there's a minimum spend for card payments.
You can't make debit card payments without signal".
Even India's wealthier, plugged-in consumers are reluctant to use mobile banking and frequent card payments.
Some industry players are pushing to abolish transaction fees altogether on debit card payments.
Merchants are obliged to accept card payments, however small the purchase.
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However, card payments do involve costs, in what is quite a complex process.
Debit-card payments happen instantly.
A third generation solved that problem with electronic docking stations and credit-card payments.
An Icelandic company, DataCell, stepped in to process credit-card payments.
In 2010 debit-card payments amounted to only 11% of the value of credit-card purchases.
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CEO of Professional Science Editing for Scientists @ prosciediting.com