Value of card payments India FY 2014-2022

Published by Statista Research Department, Jun 19, 2024
The value of card payments in India for the fiscal year 2022 amounted to approximately 17 trillion Indian rupees, an increase from the previous year. Except financial year 2021,there has been consistent increase in card payments since fiscal year 2014, as a result of the government's initiative to digitize the country, catalyzed by the demonetization of currency notes in November 2016.

Value of card payments in India from financial year 2014 to 2022 (in trillion Indian rupees)

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Release date

September 2022

Region

India

Survey time period

FY 2014 to FY 2022

Special properties

including credit and debit cards

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

One Indian rupee is equal to 0.012 euros and 0.012 dollars (as of July 2022).

Values have been rounded.

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