This is going to be music to ears for the Modi government, who, in the last 50 days, stressed that with demonetization going digital is the future for India. A study conducted by industry lobby group Assocham and business consulting firm RNCOS estimates that average wallet spends in retail transactions are likely to move from Rs 500-700 in 2016 prior to demonetization to Rs 2,000-10,000 in the near future.