The volume of PPI payments in India in fiscal year 2022 accounted for approximately 6.58 billion. This was a increase from the previous fiscal year. Prepaid payment instruments included m-wallets, PPI cards and paper vouchers. The digital payment market had seen significant growth in recent years, specifically in India due to the government's efforts to digitize the economy.
Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2022
(in billions)
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Reserve Bank of India. (September 15, 2022). Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2022 (in billions) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1034712/india-volume-of-ppi-payments/
Reserve Bank of India. "Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2022 (in billions)." Chart. September 15, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1034712/india-volume-of-ppi-payments/
Reserve Bank of India. (2022). Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2022 (in billions). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1034712/india-volume-of-ppi-payments/
Reserve Bank of India. "Volume of Payments Made through Prepaid Payment Instruments in India from Financial Year 2014 to 2022 (in Billions)." Statista, Statista Inc., 15 Sep 2022, https://www.statista.com/statistics/1034712/india-volume-of-ppi-payments/
Reserve Bank of India, Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2022 (in billions) Statista, https://www.statista.com/statistics/1034712/india-volume-of-ppi-payments/ (last visited November 21, 2024)
Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2022 (in billions) [Graph], Reserve Bank of India, September 15, 2022. [Online]. Available: https://www.statista.com/statistics/1034712/india-volume-of-ppi-payments/