Business

How True Is Viral Claim Of UPI Killing Toffee Business

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There’s a common practice among Indian shopkeepers of handing toffees instead of loose change. With UPI payments now accepted everywhere even for small-value transactions, there is no need for such a barter. That should make toffee makers suffer. Sounds plausible.Market analyst Deepak Shenoy says it’s not true. The notion, he tweeted, is “a figment of imagination”.The founder and chief executive officer at Capitalmind Wealth was comm…



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