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Table 5 Growth of Cashless Transactions in India

From: Understanding cashless payments in India

Instruments Nature Unit April, 2011 June, 2016 CAGR (%)
Total Cards No. of Transactions Mlns 445.41 918.94 14.02
Total Cards Volume transacted INR Bln 1170.23 2595.31 15.42
Pre paid card No. of Transactions Mlns 3.08 76.98 62.30
Pre paid card Volume transacted INR Bln 4.89 53.47 46.30
Mobile Banking No. of Transactions Mlns 1.08 62.52 78.55
Mobile Banking Volume transacted INR Bln 0.76 662.72 131.05
Credit Card Outstanding Mlns 17.78 25.54 7.01
Debit Card Outstanding Mlns 230.26 688.10 21.19
ATM Numbers Mlns 0.08 0.22 20.24
POS Numbers Mlns 0.60 1.43 16.93
ATM No. of Transactions Mlns 399.72 724.60 11.51
ATM Money Withdrawn INR Bln 1062.61 2201.17 14.10
POS No. of Transactions Mlns 45.69 194.33 28.02
POS Volume transacted INR Bln 107.61 394.15 25.13
Cashless (C) No. of Transactions Prop 0.11 0.27 17.49
Cashless (C&M) No. of Transactions Prop 0.11 0.32 19.91
Cashless (C) Volume transacted Prop 0.09 0.15 9.71
Cashless (C&M) Volume transacted Prop 0.10 0.34 24.14
  1. Data source: RBI Payment System Indicators http://dbie.rbi.org.in/DBIE/dbie.rbi?site=home