According to a survey conducted by Rakuten Insight, a large majority of Indian respondents had used some form of e-payment method due to its convenience as of October 2022. Above 60 percent of respondents in the south Asian country stated that the e-payment methods were easy to use and 50 percent of respondents stated that they preferred to use e-payment services as the transactions were faster than traditional methods.
Reasons for using e-payment methods in India in 2022
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Share of respondents
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Rakuten Insight. (December 29, 2022). Reasons for using e-payment methods in India in 2022 [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1105625/india-reasons-for-using-e-payment-services/
Rakuten Insight. "Reasons for using e-payment methods in India in 2022." Chart. December 29, 2022. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1105625/india-reasons-for-using-e-payment-services/
Rakuten Insight. (2022). Reasons for using e-payment methods in India in 2022. Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1105625/india-reasons-for-using-e-payment-services/
Rakuten Insight. "Reasons for Using E-payment Methods in India in 2022." Statista, Statista Inc., 29 Dec 2022, https://www.statista.com/statistics/1105625/india-reasons-for-using-e-payment-services/
Rakuten Insight, Reasons for using e-payment methods in India in 2022 Statista, https://www.statista.com/statistics/1105625/india-reasons-for-using-e-payment-services/ (last visited July 03, 2024)
Reasons for using e-payment methods in India in 2022 [Graph], Rakuten Insight, December 29, 2022. [Online]. Available: https://www.statista.com/statistics/1105625/india-reasons-for-using-e-payment-services/