As of 2023, the United Payment Interface (UPI) accounted for over 40 percent of the e-commerce payments in India. Credit Card payment followed as the second most preferred mode of digital commerce payment, accounting for 29 percent of sales.
Most preferred payment method for digital commerce in India in 2023
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
EBANX. (January 31, 2024). Most preferred payment method for digital commerce in India in 2023 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1219000/india-payment-preference-for-e-commerce-by-method/
EBANX. "Most preferred payment method for digital commerce in India in 2023." Chart. January 31, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1219000/india-payment-preference-for-e-commerce-by-method/
EBANX. (2024). Most preferred payment method for digital commerce in India in 2023. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1219000/india-payment-preference-for-e-commerce-by-method/
EBANX. "Most Preferred Payment Method for Digital Commerce in India in 2023." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/1219000/india-payment-preference-for-e-commerce-by-method/
EBANX, Most preferred payment method for digital commerce in India in 2023 Statista, https://www.statista.com/statistics/1219000/india-payment-preference-for-e-commerce-by-method/ (last visited December 23, 2024)
Most preferred payment method for digital commerce in India in 2023 [Graph], EBANX, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/1219000/india-payment-preference-for-e-commerce-by-method/