Payment systems customer usage CAGR India 2014-2019

CAGR of customer usage of payment systems across India between FY 2015 to FY 2019

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Release date

May 2019

Region

India

Survey time period

FY 2015 and FY 2019

Supplementary notes

Note: RTGS denotes real time gross settlement systems; paper clearing denotes all the paper-based payment systems such as checks and cash; NEFT denotes the national electronic funds transfer system maintained by the Reserve Bank of India; NACH denotes the national automated clearing house to help bulk and repetitive transactions through banks; IMPS denotes immediate payment services as instant inter-bank transfers; AEPS denotes the Aadhaar Enabled Payment System; PPI denotes the prepaid payment instruments.

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