In the Asia-Pacific region, cash is facing challenges on multiple fronts — from demonetization to rising eCommerce and a surge in mobile payments. But despite new competition, cash continues to thrive in this market, with roughly $8.5 trillion expected to be in use by 2021. So what’s powering cash’s growth? In the latest Global Cash Index, PYMNTS analyzed 350 data points to explore how cash is transforming eCommerce, and why many consumers in emerging economic powerhouses like China and India still choose cash over cards and even mobile payments. …see more