Number of debit card transactions in India FY 2019-2026

Published by Statista Research Department, Feb 27, 2024
In the financial year 2023, there were 3.8 billion transactions made via debit cards across India. This was estimated to rise up to over four billion transactions in financial year 2028 in the country. Whereas, the credit card transactions was estimated to reach over 11 billion transactions that year.

Number of debit card transactions in India from financial year 2019 to 2021, with estimates until 2026 (in billions)

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Release date

September 2023

Region

India

Survey time period

FY 2019 to FY 2021

Supplementary notes

*expected values

India's financial year begins in April and ends in March. For example, FY 2017 started in April 2016 and ended in March 2017.

The values were rounded.

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