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Value of retail electronic clearing India FY 2016-2020 by type

Credit transfers made up the highest value in retail electronic payments in India, valued at over 285 trillion rupees in financial year 2020. Card payments ranked second that year, with debit transfers and direct debit ranking far behind in third.

Value of retail electronic clearing in India from financial year 2016 to 2020, by type

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Source

Release date

September 2020

Region

India

Survey time period

FY 2016 to FY 2020

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.

One Indian rupee is equal to 0.012 euros and 0.013 U.S. dollars (as of September 2020).

Values have been rounded.

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Statistics on "Digital payments in India"

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