According to a survey conducted by Rakuten Insight in India in October 2022, about 87 percent of Indian respondents aged between 35 to 44 years preferred to use PayTM for e-payments. Whereas, 79 percent of respondents aged above 55 years preferred to use PayTM. Google Pay, PhonePe, Amazon Pay and BHIM were some of the other popular e-payment services among Indians.
Preferred e-payment services used among Indians as of October 2022, by age group
Characteristic
16 to 24 years
25 to 34 years
35 to 44 years
45 to 54 years
55 years and above
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Survey question: Which of these e-payment services/ e-wallets do you use?
The question was asked to those who made a transaction using e-payment methods.
Respondents may choose more than one option.
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Rakuten Insight. (December 29, 2022). Preferred e-payment services used among Indians as of October 2022, by age group [Graph]. In Statista. Retrieved July 04, 2024, from https://www.statista.com/statistics/1106670/india-preferred-e-payment-services-by-age-group/
Rakuten Insight. "Preferred e-payment services used among Indians as of October 2022, by age group." Chart. December 29, 2022. Statista. Accessed July 04, 2024. https://www.statista.com/statistics/1106670/india-preferred-e-payment-services-by-age-group/
Rakuten Insight. (2022). Preferred e-payment services used among Indians as of October 2022, by age group. Statista. Statista Inc.. Accessed: July 04, 2024. https://www.statista.com/statistics/1106670/india-preferred-e-payment-services-by-age-group/
Rakuten Insight. "Preferred E-payment Services Used among Indians as of October 2022, by Age Group." Statista, Statista Inc., 29 Dec 2022, https://www.statista.com/statistics/1106670/india-preferred-e-payment-services-by-age-group/
Rakuten Insight, Preferred e-payment services used among Indians as of October 2022, by age group Statista, https://www.statista.com/statistics/1106670/india-preferred-e-payment-services-by-age-group/ (last visited July 04, 2024)
Preferred e-payment services used among Indians as of October 2022, by age group [Graph], Rakuten Insight, December 29, 2022. [Online]. Available: https://www.statista.com/statistics/1106670/india-preferred-e-payment-services-by-age-group/