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After Paytm, This Startup Has Excellent Ways To Demonetization

If you've ever exchanged toys as kids do, you know barter.

Bartering is exchanging services or goods with another person, when there is no paper or digital money involved. It has been a century old method of transfer, one that was used even before money invented. Barter has been around for a very long time. However, it hasn't been relied on a lot. Neither has it been something that an economy or society has been built on. It is just today that we see the prevalence of barter in India with the first innovative startup called "Let's Barter India".

The entire country is engulfed in the claws of demonetization, and people are running to and fro to fetch a 100 rupee change - Sincerely me right now. The step taken by the Government of India to stop all the black money trailing in the economy has turned unfortunate for millions. While, ceasing the usage of Rs. 500 and Rs. 1000 banknotes are essential for; people are struggling hard and therefore, Barter has made a comeback.

After Paytm, This Startup Has Excellent Ways To Demonetization

After Paytm, This Startup Has Excellent Ways To Demonetization

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In an attempt to put a stop on black money, PM Narendra Modi phased out two currency denominations – Rs 1000 and Rs 500 notes.

In an attempt to put a stop on black money, PM Narendra Modi phased out two currency denominations – Rs 1000 and Rs 500 notes.

While this made a larger scale of people to opt for digital payments, there were still some left behind.  

While this made a larger scale of people to opt for digital payments, there were still some left behind.  

I am talking about the larger public of the country, the ones still waiting to learn about Digital Media. 

I am talking about the larger public of the country, the ones still waiting to learn about Digital Media. 

This is what is happening and we are here to highlight the better perspectives for you. What if we barter? 

In these tough times, Indians are going back to the old gone days. 

In these tough times, Indians are going back to the old gone days. 

They are realizing the power of bartering amongst their communities. 

They are realizing the power of bartering amongst their communities. 

Walking along the streets of Delhi, this is what we captured. 

Walking along the streets of Delhi, this is what we captured. 

The cash crunch is real! People have opted to the wonders of Barter. 

The cash crunch is real! People have opted to the wonders of Barter. 

Isn't this a wonderful idea to get past the riots and live in peace?

Isn't this a wonderful idea to get past the riots and live in peace?

#WeBarter #GoBarter 

#WeBarter #GoBarter 

Now you no longer need Google to find an ATM near you! 

Now you no longer need Google to find an ATM near you! 

Let's Barter India shared the amazing stories right from Delhi. Why not spread the message to the entire well- being? 

Let's Barter India shared the amazing stories right from Delhi. Why not spread the message to the entire well- being? 

Let's Barter India, a community for like-minded Indians to connect and barter their pre-loved goods. They aim to bring back the concept of barter and make exchanging cool. Who needs the money anyway, right?

Do you support Let's Barter India?

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