According to a recent survey on Indian consumers, 67 percent of respondents who were planning to shop during the upcoming festive season were more likely to use digital modes of payment including UPI, wallets, credit/debit cards, net banking and so on. 27 percent of respondents stated that they were more likely to pay cash for their purchases.
Preferred mode of payment by households for festive season purchases in India as of October 2021
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LocalCircles. (October 1, 2021). Preferred mode of payment by households for festive season purchases in India as of October 2021 [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1270883/india-preferred-mode-of-payment-by-shoppers-during-festive-season/
LocalCircles. "Preferred mode of payment by households for festive season purchases in India as of October 2021." Chart. October 1, 2021. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1270883/india-preferred-mode-of-payment-by-shoppers-during-festive-season/
LocalCircles. (2021). Preferred mode of payment by households for festive season purchases in India as of October 2021. Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1270883/india-preferred-mode-of-payment-by-shoppers-during-festive-season/
LocalCircles. "Preferred Mode of Payment by Households for Festive Season Purchases in India as of October 2021." Statista, Statista Inc., 1 Oct 2021, https://www.statista.com/statistics/1270883/india-preferred-mode-of-payment-by-shoppers-during-festive-season/
LocalCircles, Preferred mode of payment by households for festive season purchases in India as of October 2021 Statista, https://www.statista.com/statistics/1270883/india-preferred-mode-of-payment-by-shoppers-during-festive-season/ (last visited January 08, 2025)
Preferred mode of payment by households for festive season purchases in India as of October 2021 [Graph], LocalCircles, October 1, 2021. [Online]. Available: https://www.statista.com/statistics/1270883/india-preferred-mode-of-payment-by-shoppers-during-festive-season/
