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Reasons for using e-payment services India 2020 by age group

Published by Statista Research Department, Mar 24, 2021
According to a survey conducted by Rakuten Insight, a large majority of Indian respondents of all age groups used e-payment methods due to its convenience as of February 2020. However, only around 23 percent of respondents aged 55 years and above felt that e-payment methods were more secure than cash payment in the south Asian country.

Reasons for using e-payment methods in India in 2020, by age group

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Source

Release date

March 2020

Region

India

Survey time period

February 6 to February 29, 2020

Number of respondents

15,465 respondents

Age group

16 years and older

Special properties

5,085 female and 10,380 male respondents

Method of interview

Online survey

Supplementary notes

Survey question:
What are your reasons for making e-payment transactions?

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