How INDIA Pays? Statistics

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Finance Ninja
shraaj

3273481571245377569621477445192591831943993n

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What is your preferred mode of payment?

Mine is UPI, NEFT, CREDIT CARD and Prepaid Wallet.

By Looking at the Volume UPI is no.1 and Cheque/DD is Last.

By Looking at the Amount NEFT is no.1 and Prepaid Wallets are Last in Position.

Source - @ Investywise

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Deal Subedar Deal Subedar
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Upi

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Upi on local shops, credit card on ecommerce merchants

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NEFT is first in volume because of Salaries and DBT to farmers/students uses that.

Benevolent Benevolent
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what about good old cash

Deal Cadet Deal Cadet
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And how do you count the number?

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Credit cards, wherever they are accepted without additional fee, else UPI.

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