India leading online retail payment methods 2015

Preferred digital payment methods in India in 2015 and 2020

India leading online retail payment methods 2015 The statistic gives information on the most popular digital payment methods in India in 2015 with forecast regarding 2020. In 2015, cash on delivery accounted for 57 percent of all digital shopping transactions. Mobile wallet is set to increase from 8 to 15 percent of payments in 2020. The most successful online store in India in 2016 was Amazon.in with an approximate 438 million U.S. dollars in net e-commerce sales. Flipkart was ranked second with close to 399 million U.S. dollars in net sales. That year, the average e-retail revenue per user in India amounted to 117.7 U.S. dollars. Annual e-retail revenue per user is projected to increase to 147.6 U.S. dollars per user.
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Preferred digital payment methods in India in 2015 and 2020

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20152020*
Cash on delivery57%45%
Debit card15%17%
Credit card11%13%
Online banking9%10%
M-wallet8%15%
20152020*
Cash on delivery57%45%
Debit card15%17%
Credit card11%13%
Online banking9%10%
M-wallet8%15%
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The statistic gives information on the most popular digital payment methods in India in 2015 with forecast regarding 2020. In 2015, cash on delivery accounted for 57 percent of all digital shopping transactions. Mobile wallet is set to increase from 8 to 15 percent of payments in 2020. The most successful online store in India in 2016 was Amazon.in with an approximate 438 million U.S. dollars in net e-commerce sales. Flipkart was ranked second with close to 399 million U.S. dollars in net sales. That year, the average e-retail revenue per user in India amounted to 117.7 U.S. dollars. Annual e-retail revenue per user is projected to increase to 147.6 U.S. dollars per user.
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Release date
May 2016
Region
India
Survey time period
2015
Number of respondents
3,000 respondents
Method of interview
Online survey
Supplementary notes
*Forecast
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