Most used in-store (POS) payment methods in India 2017-2023, with 2027 forecast

Market share of cash, credit cards, and other payment methods at point of sale (POS) in India from 2017 to 2023, with a forecast for 2027

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Sources

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Release date

March 2024

Region

India

Survey time period

March 2024

Special properties

* The source changed its categories in 2021, see the "Details" tab for more information.

Supplementary notes

In 2022, the source stated it made two changes to the categories used in previous years. These include a combination of "credit cards" with "charge/deferred debit cards" and the split of BNPL from "POS financing" (which itself was added as a new category in 2020). The latter change was made to atone for the "growing importance of BNPL". This seems to have been reverted for "POS financing" in the 2023 report - which covered the figures for 2022.

The figures have been taken from several publications. No figures were available for 2018 as the source did not release any reports that year.

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