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Volume of PPI payments India FY 2014-2021

Published by Statista Research Department, Mar 17, 2022
The volume of PPI payments in India in fiscal year 2021 accounted for approximately 4.9 billion. This was a decrease from the previous fiscal year. Prepaid payment instruments included m-wallets, PPI cards and paper vouchers. The digital payment market had seen significant growth in recent years, specifically in India due to the government's efforts to digitize the economy.

Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2021 (in billions)

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Release date

September 2021

Region

India

Survey time period

FY 2014 to FY 2021

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.

Values have been rounded.

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