The value of card payments in India for the fiscal year 2022 amounted to approximately 17 trillion Indian rupees, an increase from the previous year. Except financial year 2021,there has been consistent increase in card payments since fiscal year 2014, as a result of the government's initiative to digitize the country, catalyzed by the demonetization of currency notes in November 2016.
Value of card payments in India from financial year 2014 to 2022
(in trillion Indian rupees)
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Reserve Bank of India. (September 14, 2022). Value of card payments in India from financial year 2014 to 2022 (in trillion Indian rupees) [Graph]. In Statista. Retrieved October 08, 2024, from https://www.statista.com/statistics/1034675/india-value-of-card-payments/
Reserve Bank of India. "Value of card payments in India from financial year 2014 to 2022 (in trillion Indian rupees)." Chart. September 14, 2022. Statista. Accessed October 08, 2024. https://www.statista.com/statistics/1034675/india-value-of-card-payments/
Reserve Bank of India. (2022). Value of card payments in India from financial year 2014 to 2022 (in trillion Indian rupees). Statista. Statista Inc.. Accessed: October 08, 2024. https://www.statista.com/statistics/1034675/india-value-of-card-payments/
Reserve Bank of India. "Value of Card Payments in India from Financial Year 2014 to 2022 (in Trillion Indian Rupees)." Statista, Statista Inc., 14 Sep 2022, https://www.statista.com/statistics/1034675/india-value-of-card-payments/
Reserve Bank of India, Value of card payments in India from financial year 2014 to 2022 (in trillion Indian rupees) Statista, https://www.statista.com/statistics/1034675/india-value-of-card-payments/ (last visited October 08, 2024)
Value of card payments in India from financial year 2014 to 2022 (in trillion Indian rupees) [Graph], Reserve Bank of India, September 14, 2022. [Online]. Available: https://www.statista.com/statistics/1034675/india-value-of-card-payments/