PayTM's Vijay Shekhar Sharma will be one of the biggest gainers of the govt's decision to scrap Rs 500 and Rs 1000 notes

After PM Modi announced “Corruption, black money and terrorism can come in the way of a country's robust economic growth. From midnight of November 8, 2016, Rs. 500 and Rs.1000 will cease to be legal tender,” one of the highly recognised fintech entrepreneurs Vijay Shekhar Sharma endorsed his move by praising him through his Twitter account.

Here’s what he said:

Keep the money digital. Superb step by our dear PM @narendramodi
From a bit inconvenience to incredible bold step ! #win #����

— Vijay Shekhar (@vijayshekhar) November 8, 2016

The biggest,the boldest & the most ambitious surgical strike by any government in the world. Hats off to our PM for removing ₹500/1000 notes

— Vijay Shekhar (@vijayshekhar) November 8, 2016

Welcome to truest digital cash India. Now proud sponsor @narendramodi #PaytmKaro !

— Vijay Shekhar (@vijayshekhar) November 8, 2016

Fintech sector in India will undoubtedly gain from this move, as it’ll indirectly increase virtual transactions, most of all-- who’ll carry a burden of 2,000 Rs note/s.