During the fourth quarter of 2018, the number of digital transactions in India accounted for approximately 1.6 billion. The year 2018 saw a significant increase in online payments as compared to the previous year. The reason for this growth could be attributed to proactive measures taken by the government and the rising fintech startups, aspiring to transition to a cashless economy.
Quarterly digital transactions in India in 2017 and 2018
(in millions)
Characteristic
2017
2018
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Paisabazaar. (March 18, 2019). Quarterly digital transactions in India in 2017 and 2018 (in millions) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1034468/india-quarterly-digital-transactions/
Paisabazaar. "Quarterly digital transactions in India in 2017 and 2018 (in millions)." Chart. March 18, 2019. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1034468/india-quarterly-digital-transactions/
Paisabazaar. (2019). Quarterly digital transactions in India in 2017 and 2018 (in millions). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1034468/india-quarterly-digital-transactions/
Paisabazaar. "Quarterly Digital Transactions in India in 2017 and 2018 (in Millions)." Statista, Statista Inc., 18 Mar 2019, https://www.statista.com/statistics/1034468/india-quarterly-digital-transactions/
Paisabazaar, Quarterly digital transactions in India in 2017 and 2018 (in millions) Statista, https://www.statista.com/statistics/1034468/india-quarterly-digital-transactions/ (last visited August 25, 2024)
Quarterly digital transactions in India in 2017 and 2018 (in millions) [Graph], Paisabazaar, March 18, 2019. [Online]. Available: https://www.statista.com/statistics/1034468/india-quarterly-digital-transactions/