According to a survey conducted on digital payments across India in 2020, the majority of respondents stated that transaction loss occurred while using UPI method. In contrast, only over nine percent of the respondents lost their money through credit card transactions that year.
Loss of money through digital payment in India in 2020, by payment method
Characteristic
Share of respondents
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Website (koanadvisory.com). (December 7, 2020). Loss of money through digital payment in India in 2020, by payment method [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1242361/india-loss-of-money-through-digital-payments-by-payment-method/
Website (koanadvisory.com). "Loss of money through digital payment in India in 2020, by payment method." Chart. December 7, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1242361/india-loss-of-money-through-digital-payments-by-payment-method/
Website (koanadvisory.com). (2020). Loss of money through digital payment in India in 2020, by payment method. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1242361/india-loss-of-money-through-digital-payments-by-payment-method/
Website (koanadvisory.com). "Loss of Money through Digital Payment in India in 2020, by Payment Method." Statista, Statista Inc., 7 Dec 2020, https://www.statista.com/statistics/1242361/india-loss-of-money-through-digital-payments-by-payment-method/
Website (koanadvisory.com), Loss of money through digital payment in India in 2020, by payment method Statista, https://www.statista.com/statistics/1242361/india-loss-of-money-through-digital-payments-by-payment-method/ (last visited July 22, 2024)
Loss of money through digital payment in India in 2020, by payment method [Graph], Website (koanadvisory.com), December 7, 2020. [Online]. Available: https://www.statista.com/statistics/1242361/india-loss-of-money-through-digital-payments-by-payment-method/