During the survey conducted on preferred shopping modes throughout the festive season across India in 2021, about 59 percent of the respondents preferred using credit cards. EMI was the least preferred mode of payment with only 21 percent of respondents opting for it. The shoppers in the south Asian country seemed to be shifting more towards credit from a cash and debit-driven economy.
Preferred payment mode during festive season across India from 2018 to 2021
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LitmusWorld. (November 5, 2021). Preferred payment mode during festive season across India from 2018 to 2021 [Graph]. In Statista. Retrieved May 30, 2024, from https://www.statista.com/statistics/1027445/india-preferred-payment-festive-season/
LitmusWorld. "Preferred payment mode during festive season across India from 2018 to 2021." Chart. November 5, 2021. Statista. Accessed May 30, 2024. https://www.statista.com/statistics/1027445/india-preferred-payment-festive-season/
LitmusWorld. (2021). Preferred payment mode during festive season across India from 2018 to 2021. Statista. Statista Inc.. Accessed: May 30, 2024. https://www.statista.com/statistics/1027445/india-preferred-payment-festive-season/
LitmusWorld. "Preferred Payment Mode during Festive Season across India from 2018 to 2021." Statista, Statista Inc., 5 Nov 2021, https://www.statista.com/statistics/1027445/india-preferred-payment-festive-season/
LitmusWorld, Preferred payment mode during festive season across India from 2018 to 2021 Statista, https://www.statista.com/statistics/1027445/india-preferred-payment-festive-season/ (last visited May 30, 2024)
Preferred payment mode during festive season across India from 2018 to 2021 [Graph], LitmusWorld, November 5, 2021. [Online]. Available: https://www.statista.com/statistics/1027445/india-preferred-payment-festive-season/