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Volume of digital payments in India FY 2023, by mode

Published by Manya Rathore, Dec 14, 2022
As of December 2022, BHIM or Bharat Interface for Money was the most used mode of digital transaction in India with a transaction volume of around 17 billion transactions. Internet banking followed with around four billion transactions.

Volume of digital transactions in India in financial year 2023, by mode (in billions)

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Release date

December 2022

Region

India

Survey time period

FY 2023

Special properties

as of December 2022

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.

Values have been rounded for clarity.

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4

North America

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Europe

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