From Cash To Clicks: The Unstoppable Rise Of Digital Payments In India


Money Mouse

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India’s audacious leap from a cash-centric economy to a pioneering digital payments powerhouse is revolutionizing the financial landscape.

India’s digitization journey has revolutionized multiple sectors and transformed the lives of its citizens. With a particular focus

Characteristic 2017 2019 2020 2021 2022
E-wallet, Digital/mobile wallet 6% 5% 22% 25% 35%
Cash 72% 71% 34% 37% 27%
Debit 11% 12% 20% 18% 19%
Credit card (incl. “charge card” since 2021)* 9% 12% 12% 18% 17%



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