Value of PPI payments India FY 2014-2021

Published by Sandhya Keelery, Aug 30, 2024
Prepaid Payment Instruments' payments in India during the fiscal year 2021 was valued at almost two trillion Indian rupees. This was a significant increase from approximately 81 billion rupees in fiscal year 2014. The Indian digital payments market was estimated to reach the one trillion U.S. dollar mark by the year 2023.

Value of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2021 (in billion Indian rupees)

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Release date

September 2021

Region

India

Survey time period

FY 2014 to FY 2021

Supplementary notes

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 0.012 euros and 0.013 U.S. dollars (as of October 2021).

Values have been rounded.

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