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Value of digital payment transactions in India - by segment 2017

This statistic represents the value of digital transactions across India as of February 1, 2017, based on channel. Real-time gross settlements had the highest value with about 77.5 trillion Indian rupees, while unstructured supplementary service data had the lowest value with about 380 million rupees during the measured time period.
On November 8, 2016, the government announced demonetization of all 500 and 1,000 Indian rupee banknotes attempting to crack down on illicit and counterfeit cash that was allegedly funding illegal activity and terrorism. This led to weeks of cash shortages, creating a significant disruption in the Indian economy.

Value of digital payment transactions across India as of February 1, 2017, by channel

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Release date

February 2017



Survey time period

as of February 1, 2017

Supplementary notes

One Indian rupee is equal to 0.016 U.S. dollars and 0.013 euros (as of August 2017).
Values have been rounded for clarity.

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Statistics on "E-commerce in India"

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