Reasons for using e-payment services India 2022, by age group

Published by Sandhya Keelery, Aug 30, 2024
According to a survey conducted by Rakuten Insight, a large majority of Indian respondents of all age groups used e-payment methods due to its convenience as of October 2022. However, only around 37 percent of respondents aged 55 years and above felt that e-payment methods were more secure than cash payment in the south Asian country.

Reasons for using e-payment methods in India in 2022, by age group

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Release date

December 2022

Region

India

Survey time period

October 13 to October 30, 2022

Number of respondents

31,684 respondents

Age group

16 years and older

Special properties

11,901 female and 19,783 male respondents

Method of interview

Online survey

Supplementary notes

Survey question:
What are your reasons for making e-payment transactions?

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