Skip to main content

Table 6 Growth of Cashless Money Values in India

From: Understanding cashless payments in India

Instruments Nature Unit April, 2011 June, 2016 June, 2016 (WPI adjusted) CAGR (%) WPI Adjusted
Total Cards Volume transacted INR Bln 1170.2 2595.3 2293.6 12.8
Total Cards Amt per transaction INR 2627.3 2824.2 2495.9 −1
Credit Card Volume transacted INR Bln 71.5 242.4 214.2 20.9
Credit Card Amt per transaction INR 3056.4 3152.6 2786 −1.8
Credit Card Money Withdrawn INR Bln 1 2.9 2.5 18.4
Credit Card Amt per transaction INR 5647.1 4847.5 4283.9 −5.3
Credit Card POS value spent INR Bln 70.6 239.5 211.7 20.9
Credit Card Amt per transaction INR 3037 3139.4 2774.5 −1.7
Debit Card Volume transacted INR Bln 1098.7 2352.9 2079.4 12.2
Debit Card Amt per transaction INR 2603.5 2794.3 2469.4 −1
Debit Card Money Withdrawn INR Bln 1061.7 2198.3 1942.7 11.5
Debit Card Amt per transaction INR 2657.1 3036.3 2683.3 0.2
Debit Card POS value spent INR Bln 37.1 154.6 136.6 24.9
Debit Card Amt per transaction INR 1650 1309.9 1157.6 −6.8
Pre paid card Volume transacted INR Bln 4.9 53.5 47.3 43.2
Pre paid card Amt per transaction INR 1587.7 694.6 613.8 −18.1
Mobile Banking Volume transacted INR Bln 0.8 662.7 585.7 126.6
Mobile Banking Amt per transaction INR 703.7 10600.1 9367.7 49.3
ATM Money Withdrawn INR Bln 1062.6 2201.2 1945.3 11.5
ATM Amt per transaction INR 2658.4 3037.8 2684.6 0.2
POS Volume transacted INR Bln 107.6 394.2 348.3 22.4
POS Amt per transaction INR 2355.2 2028.3 1792.4 −5.2
All Instruments Volume transacted INR Bln 1175.9 3311.5 2926.5 17.4
All Instruments Amt per transaction INR 2615.6 3128.7 2764.9 1.1
  1. Data source: RBI Payment System Indicators http://dbie.rbi.org.in/DBIE/dbie.rbi?site=home and fWPI from http://www.eaindustry.nic.in/download_data_0405.asp