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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Reserve Bank of India. (September 15, 2021). Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2021 (in billions) [Graph]. In Statista. Retrieved July 02, 2022, from https://www.statista.com/statistics/1034712/india-volume-of-ppi-payments/
Reserve Bank of India. "Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2021 (in billions)." Chart. September 15, 2021. Statista. Accessed July 02, 2022. https://www.statista.com/statistics/1034712/india-volume-of-ppi-payments/
Reserve Bank of India. (2021). Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2021 (in billions). Statista. Statista Inc.. Accessed: July 02, 2022. https://www.statista.com/statistics/1034712/india-volume-of-ppi-payments/
Reserve Bank of India. "Volume of Payments Made through Prepaid Payment Instruments in India from Financial Year 2014 to 2021 (in Billions)." Statista, Statista Inc., 15 Sep 2021, https://www.statista.com/statistics/1034712/india-volume-of-ppi-payments/
Reserve Bank of India, Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2021 (in billions) Statista, https://www.statista.com/statistics/1034712/india-volume-of-ppi-payments/ (last visited July 02, 2022)