The volume of debit card payments in India for the fiscal year 2022 was over three billion, while the volume of credit card payment was estimated at over 2.24 billion during the same time period. The government initiatives made the accessibility and use of digital payments widespread, aspiring to make India a cashless economy. The Indian digital payments market was estimated to reach the one trillion U.S. dollar mark by the year 2023.
Volume of card payments in India from financial year 2014 to 2022, by type (in billions)
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Statistics on Digital payments in India
Market overview
7
- Premium Statistic Digital payments transaction value in the APAC region 2022, by country and segment
- Premium Statistic Value of digital payments India FY 2018-2022
- Premium Statistic Volume of digital payments India FY 2018-2022
- Premium Statistic Volume of digital payments in India FY 2023, by mode
- Premium Statistic Share of payment systems India FY 2022
- Premium Statistic RBI's digital payment index India 2018-2022
- Basic Statistic Number of internet users in India 2010-2040
Infrastructure
7
- Premium Statistic Number of member banks affiliated to NFS India 2018-2022
- Premium Statistic Number of NETC partner banks India 2016-2022
- Premium Statistic Partner banks for IMPS India 2013-2022
- Premium Statistic Partner banks for *99# payments India 2022
- Premium Statistic Number of ATMs under the NFS network India 2018-2022
- Premium Statistic Annual number of PoS terminals in India FY 2016-2021
- Premium Statistic BHIM UPI QR code in India 2020-2021
Key payment methods
8
- Premium Statistic Value of credit transfers India FY 2018-2022, by mode
- Premium Statistic Value of debit transfers India FY 2018-2022, by mode
- Premium Statistic UPI usage in India in FY 2022, by platform
- Premium Statistic Value of UPI digital payments across India FY 2017-2022
- Premium Statistic Volume of card payments India FY 2014-2022, by type
- Premium Statistic Number of RuPay debit cards issued under PMJDY in India 2022, by sector
- Premium Statistic Number of transactions through BHIM India 2016-2022
- Premium Statistic Number of AePs transactions in India FY 2016-2023
Fintech players
6
- Premium Statistic Leading fintech unicorn startups India H1 FY 2022, by value
- Premium Statistic Leading lending start-ups in India 2022, by select company
- Premium Statistic Revenue from operations of One97 Communications (Paytm) FY 2017-2022
- Premium Statistic Revenue of MobiKwik FY 2017-2022
- Premium Statistic Revenue of Lendingkart in India FY 2019-2022
- Premium Statistic Value of PE/VC deals in digital payments and wallets space India 2021, by company
Consumer opinion
5
- Premium Statistic Mobile wallet adoption rate APAC 2021, by country
- Premium Statistic Online payments by brand in India 2022
- Premium Statistic Mobile payments by situation in India 2022
- Basic Statistic COVID-19 impact on digital payments in India 2020 by type of purchase
- Premium Statistic Preferred mode of payment since COVID-19 India 2020, by age
Further related statistics
15
- Volume of card payments India FY 2016-2022
- Number of e-commerce transactions in Turkey 2015-2022, by quarter
- Value of card payments in Spain 2011-2019
- Biggest payment processors in the UK, by number of transactions acquired 2013-2017
- Leading card not present firms 2017, by number of transactions
- Quarterly digital transactions in India 2017-2018
- Volume of retail electronic clearing India FY 2015-2022
- Volume of PPI payments India FY 2014-2019, by type
- Value of retail electronic clearing in India FY 2015-2022
- Number of card-not-present payments in the UK 2012-2017
- Value of card-not-present payments in the United Kingdom (UK) 2012-2017
- Payment cards issued, either credit or debit card, in the euro area 2000-2021
- Volume of contactless transactions in Canada 2014-2018
- Annual card transaction volume, credit or debit card, in Germany 2000-2021
- Annual card transaction volume, credit or debit card, in Estonia 2000-2021
Further Content: You might find this interesting as well
Statistics
- Volume of card payments India FY 2016-2022
- Number of e-commerce transactions in Turkey 2015-2022, by quarter
- Value of card payments in Spain 2011-2019
- Biggest payment processors in the UK, by number of transactions acquired 2013-2017
- Leading card not present firms 2017, by number of transactions
- Quarterly digital transactions in India 2017-2018
- Volume of retail electronic clearing India FY 2015-2022
- Volume of PPI payments India FY 2014-2019, by type
- Value of retail electronic clearing in India FY 2015-2022
- Number of card-not-present payments in the UK 2012-2017
- Value of card-not-present payments in the United Kingdom (UK) 2012-2017
- Payment cards issued, either credit or debit card, in the euro area 2000-2021
- Volume of contactless transactions in Canada 2014-2018
- Annual card transaction volume, credit or debit card, in Germany 2000-2021
- Annual card transaction volume, credit or debit card, in Estonia 2000-2021
Reserve Bank of India. (September 15, 2022). Volume of card payments in India from financial year 2014 to 2022, by type (in billions) [Graph]. In Statista. Retrieved January 29, 2023, from https://www.statista.com/statistics/1034696/india-volume-of-card-payments-by-type/
Reserve Bank of India. "Volume of card payments in India from financial year 2014 to 2022, by type (in billions)." Chart. September 15, 2022. Statista. Accessed January 29, 2023. https://www.statista.com/statistics/1034696/india-volume-of-card-payments-by-type/
Reserve Bank of India. (2022). Volume of card payments in India from financial year 2014 to 2022, by type (in billions). Statista. Statista Inc.. Accessed: January 29, 2023. https://www.statista.com/statistics/1034696/india-volume-of-card-payments-by-type/
Reserve Bank of India. "Volume of Card Payments in India from Financial Year 2014 to 2022, by Type (in Billions)." Statista, Statista Inc., 15 Sep 2022, https://www.statista.com/statistics/1034696/india-volume-of-card-payments-by-type/
Reserve Bank of India, Volume of card payments in India from financial year 2014 to 2022, by type (in billions) Statista, https://www.statista.com/statistics/1034696/india-volume-of-card-payments-by-type/ (last visited January 29, 2023)
Volume of card payments in India from financial year 2014 to 2022, by type (in billions) [Graph], Reserve Bank of India, September 15, 2022. [Online]. Available: https://www.statista.com/statistics/1034696/india-volume-of-card-payments-by-type/