The volume of PPI payments in India in fiscal year 2024 accounted for approximately ***. This was an increase from the previous fiscal year. Prepaid payment instruments included m-wallets, PPI cards and paper vouchers. The digital payment market had seen significant growth in recent years, specifically in India, due to the government's efforts to digitize the economy.
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Reserve Bank of India. (September 24, 2024). Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2024 (in billions) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 24, 2026, from /statistics/1034712/india-volume-of-ppi-payments/
Reserve Bank of India. "Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2024 (in billions)." Chart. September 24, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 24, 2026. /statistics/1034712/india-volume-of-ppi-payments/
Reserve Bank of India. (2024). Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2024 (in billions). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 24, 2026. /statistics/1034712/india-volume-of-ppi-payments/
Reserve Bank of India. "Volume of Payments Made through Prepaid Payment Instruments in India from Financial Year 2014 to 2024 (in Billions)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 24 Sep 2024, /statistics/1034712/india-volume-of-ppi-payments/
Reserve Bank of India, Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2024 (in billions) ÌÇÐÄÆÆ½â°æ, /statistics/1034712/india-volume-of-ppi-payments/ (last visited July 24, 2026)
Volume of payments made through Prepaid Payment Instruments in India from financial year 2014 to 2024 (in billions) [Graph], Reserve Bank of India, September 24, 2024. [Online]. Available: /statistics/1034712/india-volume-of-ppi-payments/