According to a survey conducted by Rakuten Insight in October 2022, over 85 percent of Indian respondents preferred to use Paytm for e-payments. Based in Noida and founded in 2010, Paytm reported a revenue of nearly 36 billion Indian rupees in financial year 2019 catering to about 350 million users countrywide. Google Pay, PhonePe, Amazon Pay and BHIM were some of the other popular e-payment services during the survey period.
Preferred e-payment services used among Indians as of October 2022
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Rakuten Insight. (December 29, 2022). Preferred e-payment services used among Indians as of October 2022 [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1105962/india-preferred-e-payment-services/
Rakuten Insight. "Preferred e-payment services used among Indians as of October 2022." Chart. December 29, 2022. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1105962/india-preferred-e-payment-services/
Rakuten Insight. (2022). Preferred e-payment services used among Indians as of October 2022. Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1105962/india-preferred-e-payment-services/
Rakuten Insight. "Preferred E-payment Services Used among Indians as of October 2022." Statista, Statista Inc., 29 Dec 2022, https://www.statista.com/statistics/1105962/india-preferred-e-payment-services/
Rakuten Insight, Preferred e-payment services used among Indians as of October 2022 Statista, https://www.statista.com/statistics/1105962/india-preferred-e-payment-services/ (last visited December 18, 2024)
Preferred e-payment services used among Indians as of October 2022 [Graph], Rakuten Insight, December 29, 2022. [Online]. Available: https://www.statista.com/statistics/1105962/india-preferred-e-payment-services/
