Sectoral share of transactional value in India FY 2023, by payment method

Published by Sandhya Keelery, Aug 30, 2024
The majority of payments across various sectors in India were done through UPI (Unified Payment Interface) during financial year 2023. Moreover, UPI accounted for 65 percent of the transactional value for the online retail sector in the same period.

Transactional value across sectors in India during financial year 2023, by payment method

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Release date

June 2023

Region

India

Survey time period

FY 2023

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.

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Statistics on " Shopping behavior in India "

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Overview

5

Purchase channels

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Payment methods

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Online shopping

5

Holiday shopping

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