Value of mobile banking payments India FY 2013-2019

Published by Sandhya Keelery, Aug 30, 2024
The value of mobile banking payments across India during the fiscal year 2019 accounted for approximately 29 trillion Indian rupees. This was an increase of 12 percent from the previous fiscal year. The Indian digital payments market was estimated to reach the one trillion U.S. dollar mark by the year 2023.

Value of mobile banking payments across India from financial year 2013 to 2019 (in billion Indian rupees)

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Release date

September 2019

Region

India

Survey time period

FY 2013 to FY 2019

Supplementary notes

Note: India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.

One Indian rupee is equal to 0.013 euros and 0.014 dollars (as of August 2019).

Values have been rounded.

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