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)
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Value of online card payments in India from financial year 2018 to 2024, by type
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Reserve Bank of India. (June 3, 2024). Value of online card payments in India from financial year 2018 to 2024, by type (in trillion Indian rupees) [Graph]. In Statista. Retrieved April 08, 2025, from https://www.statista.com/statistics/1034701/india-value-of-card-payments-by-type/
Reserve Bank of India. "Value of online card payments in India from financial year 2018 to 2024, by type (in trillion Indian rupees)." Chart. June 3, 2024. Statista. Accessed April 08, 2025. https://www.statista.com/statistics/1034701/india-value-of-card-payments-by-type/
Reserve Bank of India. (2024). Value of online card payments in India from financial year 2018 to 2024, by type (in trillion Indian rupees). Statista. Statista Inc.. Accessed: April 08, 2025. https://www.statista.com/statistics/1034701/india-value-of-card-payments-by-type/
Reserve Bank of India. "Value of Online Card Payments in India from Financial Year 2018 to 2024, by Type (in Trillion Indian Rupees)." Statista, Statista Inc., 3 Jun 2024, https://www.statista.com/statistics/1034701/india-value-of-card-payments-by-type/
Reserve Bank of India, Value of online card payments in India from financial year 2018 to 2024, by type (in trillion Indian rupees) Statista, https://www.statista.com/statistics/1034701/india-value-of-card-payments-by-type/ (last visited April 08, 2025)
Value of online card payments in India from financial year 2018 to 2024, by type (in trillion Indian rupees) [Graph], Reserve Bank of India, June 3, 2024. [Online]. Available: https://www.statista.com/statistics/1034701/india-value-of-card-payments-by-type/
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