Page 44 - Mann Ki Baat April 2022
P. 44

The Duo behind ‘Cashless Day Out’

        Sagrika Shah and Preksha T.,       experimenting with a ‘Cashless
        the women who went for the         Day Out’ in Delhi, having zero cash
        ‘Cashless  Day  Out’,  share  their   in their wallets, which meant they
        experiences about the initiative:  could only use digital payments
                                           for all their purchases.
        Sagrika and Preksha have been
        into the fintech space for the past   Their learnings were interesting,
        2.5 years, living and experiencing   especially  in   terms    of
        the industry growth ground up.     understanding  the behavioural
        Their  company    “The  Fintech    changes   showcased    by  the
        Meetup (TFM)” is the largest       merchants who did not want to
        fintech  ecosystem  in  India.  Each   go against customer comfort and
        year they undertake a 14,000 km    lose a share of profit even though
        road journey through the lengths   they were not very tech-savvy.
        and breadths of India and meet     “Also, what’s interesting about
        400+  fintech  start-ups,  all  in  a   India’s cashless economy is that
        span of three months.              the small merchants are the key
                                           drivers  of India’s Digital Payment
        At TFM, everyone has been a
                                           adoption, who’re willing to accept
        proponent of a cashless economy,
                                           and adopt Digital transactions,”
        which was the main reason which
                                           they stated.
        led to their idea of a ‘Cashless Day
        Out’. It was the first day of Fintech   Sharing  their  reactions  after
        Yatra 2021 when they decided to    getting appreciated by the Hon’ble
        feed on their curiosity to explore   Prime Minister, they said, “It was
        digital payment acceptance by      surreal to hear our names and us




















                              Sagarika Shah and Preksha T.


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