Two of India’s corporate chieftains shared posts to show how far the country has come along the government’s vision of a cashless economy.

Just before his company’s mega IPO was launched this morning, Paytm’s founder and CEO Vijay Shekhar Sharma shared a photograph depicting how widespread digital transactions have become in the nation. Sharma retweeted a photograph of a street food vendor accepting digital payments. The photo shows the vendor with Paytm QR code stickers on his cart. It seems commonplace now,  but a few years ago this would have been an amazing sight.

Paytm’s long-awaited share sale worth Rs 18,300 crore opened for subscription today. Paytm’s IPO is expected to be the largest in India’s corporate history as it could break a record held by Coal India Ltd, which raised Rs 15,000 crore more than a decade ago.

Also Read | Paytm IPO opens today: Key points to know

After the sudden demonetization of 2016, when 86% of cash in the economy was invalidated by Prime Minister Narendra Modi’s  decision to ban banknotes of Rs 500 and Rs 1,000, people had no choice but to use debit or credit cards or digital modes of payments due to which online transactions increased sharply in India.

On Saturday, Mahindra group chairman Anand Mahindra also shared a short video that shows large-scale conversion to digital payments in India. The video shows an animal dressed in vibrant colours, probably for some sort of festive procession. What makes the picture different is a sticker with a QR code on the animal’s forehead. In the video, a man scans the QR code on his phone to make a digital payment.

While sharing the video Anand Mahindra wrote, “Do you need any more evidence of the large-scale conversion to digital payments in India?!”

Both posts are drawing thousands of likes, comments, and shares.