Rakuten Insight as of February 2020, over 40 percent of Indian respondents reported to not use any form of e-payment method because they preferred cash. Over 20 percent of respondents in the south Asian country stated that they did not trust e-payment methods and had concerns about their safety.
According to a survey conducted by Reasons for not using e-payment methods in India in 2020
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Rakuten. (March 12, 2020). Reasons for not using e-payment methods in India in 2020 [Graph]. In Statista. Retrieved January 21, 2021, from https://www.statista.com/statistics/1105634/india-reasons-for-not-using-e-payment-services/
Rakuten. "Reasons for not using e-payment methods in India in 2020." Chart. March 12, 2020. Statista. Accessed January 21, 2021. https://www.statista.com/statistics/1105634/india-reasons-for-not-using-e-payment-services/
Rakuten. (2020). Reasons for not using e-payment methods in India in 2020. Statista. Statista Inc.. Accessed: January 21, 2021. https://www.statista.com/statistics/1105634/india-reasons-for-not-using-e-payment-services/
Rakuten. "Reasons for Not Using E-payment Methods in India in 2020." Statista, Statista Inc., 12 Mar 2020, https://www.statista.com/statistics/1105634/india-reasons-for-not-using-e-payment-services/
Rakuten, Reasons for not using e-payment methods in India in 2020 Statista, https://www.statista.com/statistics/1105634/india-reasons-for-not-using-e-payment-services/ (last visited January 21, 2021)