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Current and future implementation of selected digital payments in e-commerce in India as of February 2022

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Source

Release date

July 2022

Region

India

Survey time period

February 2022

Number of respondents

4,102 respondents

Age group

18 years and older

Special properties

third-party panelists worldwide; Commerce professionals that held a director or higher leadership role; Professionals from B2B, B2C, and B2B2C companies across North America, Latin America, Asia Pacific, Japan, and Europe

Method of interview

Online panel

Supplementary notes

Percentage points missing to or exceeding 100 percent are probably due to rounding.

The source adds that respondents did not provide information on the exact number of respondents per country.

Citation formats

Payment types accepted by e-commerce vendors in India between 2022 and 2024

Published by ÌÇÐÄÆƽâ°æ Research Department, Mar 20, 2023

Predictions are that **** out of 10 e-commerce vendors in India will offer buy now, pay later on their website come 2024. This is according to a survey held in early 2022, asking e-commerce professionals on which payment method they are already offering and which ones they hope to either add or not add in the future. Noticeable for India is the substantial share of respondents who indicated they offer bank transfers in 2022. Cryptocurrency also features in this list, but one should take note that this survey was held during the height of the crypto popularity in early 2022. Additionally, the source does not clarify whether merchants would like accept direct payments with Bitcoin or whether this involved a third-party payment aggregator.

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