India Tech Business Review

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Annual volume and value of selected Indian retail payment systems

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Compare money transferred by payment systemAnnual volume and value of selected Indian retail payment systems

2023-24 value

Shared scale · 0 INR trillion to 502.3 INR trillion

  • UPI200 INR trillion
  • NEFT391.4 INR trillion
  • IMPS65 INR trillion
  • Credit cards18.3 INR trillion
  • Debit cards5.9 INR trillion
  • Prepaid payment instruments2.8 INR trillion
  • Paper-based instruments72.1 INR trillion

Choose a fiscal year. The table also shows transaction counts on a different scale.

Source 1

Annual volume and value of selected Indian retail payment systems

Fiscal years end in March. Transaction counts are converted from lakh to billions. One lakh crore rupees equals one trillion rupees. The table uses selected categories from the RBI's retail payments universe.

7 records
Source
UPI131.1295185.866241.6169200260.6314.2Source 1
NEFT7.2649.619810.0996391.4444.6502.3Source 1
IMPS6.00535.6254.94316571.476.7Source 1
Credit cards3.5614.77416.023818.321.123.6Source 1
Debit cards2.2861.6121.28025.954.5Source 1
Prepaid payment instruments7.87757.02549.86992.82.22.9Source 1
Paper-based instruments0.66320.60950.558872.171.171.5Source 1

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