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As of 2023, the United Payment Interface (UPI) accounted for over 40 percent of the e-commerce payments in India. Credit Card payment followed as the second most preferred mode of digital commerce payment, accounting for 29 percent of sales.
Most preferred payment method for digital commerce in India in 2023
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Statistics
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- Preferred device for online browsing in the GCC by device 2016
- Frequency of browsing and researching in-store before buying online in the GCC 2016
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EBANX. (January 31, 2024). Most preferred payment method for digital commerce in India in 2023 [Graph]. In Statista. Retrieved May 09, 2024, from https://www.statista.com/statistics/1219000/india-payment-preference-for-e-commerce-by-method/
EBANX. "Most preferred payment method for digital commerce in India in 2023." Chart. January 31, 2024. Statista. Accessed May 09, 2024. https://www.statista.com/statistics/1219000/india-payment-preference-for-e-commerce-by-method/
EBANX. (2024). Most preferred payment method for digital commerce in India in 2023. Statista. Statista Inc.. Accessed: May 09, 2024. https://www.statista.com/statistics/1219000/india-payment-preference-for-e-commerce-by-method/
EBANX. "Most Preferred Payment Method for Digital Commerce in India in 2023." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/1219000/india-payment-preference-for-e-commerce-by-method/
EBANX, Most preferred payment method for digital commerce in India in 2023 Statista, https://www.statista.com/statistics/1219000/india-payment-preference-for-e-commerce-by-method/ (last visited May 09, 2024)
Most preferred payment method for digital commerce in India in 2023 [Graph], EBANX, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/1219000/india-payment-preference-for-e-commerce-by-method/