Value of card payments India FY 2018-2024, by type

Published by Sandhya Keelery, Aug 30, 2024

The value of debit card payments in India for fiscal year 2024 was approximately five trillion Indian rupees, while the value of credit card based payment was more than 18 trillion Indian rupees during the same time period. The consistent utilization of card payments can be attributed to the initiatives made by the government, aspiring to make India a cashless economy. 

Value of online card payments in India from financial year 2018 to 2024, by type (in trillion Indian rupees)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

June 2024

Region

India

Survey time period

FY 2018 to FY 2024

Supplementary notes

*The figures for cards are for transactions at point of sale (POS) terminals only which include online transactions.

 
India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.

One Indian rupee is equal to 0.011 U.S. dollars and 0.011 euros (as of July 2024).

Values have been rounded.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Credit and debit card market in India "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Credit and debit card market in India

Overview

5

Credit cards

6

Debit cards

3

Key players

5

Frauds and complaints

6

Further related statistics

17

Further Content: You might find this interesting as well

Statistics

Topics

Credit and debit card market in IndiaDigital payments in IndiaBanking industry in IndiaStartup funding in IndiaFintech in India
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.