India payment methods, processors - Ecommerce Market

Descripción general del mercado

Con el crecimiento exponencial, se prevé que el mercado de comercio electrónico alcance los US$350 000 millones para el 2030* * Source: Statista, 2023

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Population: 1.4 B *

India is culturally diverse with untapped opportunity.

* Source: Worldometers 2023.
eCommerce: 70B *

Recently, India has become the eighth-largest eCommerce market globally*.

* Source: business-standard, 2024
Internet users: 52% *

The internet penetration rate in India has grown rapidly, increasing from just about four percent in 2007 to over half of the population*.

* Source: financialexpress, 2024

Gain insight into India's most relevant payment methods

36% UPI
27% Credit Card
15% Debit cards
8% Bank Transfer
7% Buy now pay later (BNPL)
5% Billeteras electrónicas
2% Others

Most commonly used options

NET Banking
Bank Transfers
Paytm
Wallets
UPI
Unified payment Interface (UPI)
PhonePe
Wallets
MobiKwik
Wallets
OLA Money
Wallets
Airtel
Wallets
Jio
Wallets
Freecharge
Wallets

Credit and debit cards

Play like a local by offering traditional payment methods.
- Visa
- Mastercard
- RuPay
- Maestro
- American Express
- Diners
Bank Transfers
Learn more

Count on a wide variety of options to drive conversion.
- Net Banking
Unified payment service (UPI)
Learn more
- UPI

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