Table of Content


1. Introduction


2. Research Methodology


3. Executive Summary


4. Market Dynamics

4.1 Growth Drivers
4.2 Challenges


5. India Payment Market

5.1 Transaction Value
5.2 Transaction Volume
5.3 Revenue


6. Volume Share Analysis

6.1 Digital Payment Modes


7. UPI - India Payment Market

7.1 Transaction Value
7.2 Transaction Volume
7.3 Revenue


8. NETC - India Payment Market

8.1 Transaction Value
8.2 Transaction Volume
8.3 Revenue


9. Bharat Bill Pay System (BBPS) - India Payment Market

9.1 Transaction Value
9.2 Transaction Volume
9.3 Revenue
9.4 Existing Business Categories
9.5 New Business Categories
9.6 Categories Share in Transaction Volume
9.7 Channel Wise Split (Transaction Value)


10. Cross-Border Remittances - India Payment Market

10.1 Inflow
10.2 Outflow
10.3 Revenue


11. Cards - India Payment Market

11.1 Credit Card Transactions

11.1.1 Transaction Value
11.1.2 Transaction Volume

11.2 Debit Card Transactions

14.2.1 Transaction Value
14.2.2 Transaction Volume

11.3 Revenue (Credit Card and Debit Card)

11.4 ATM Transactions

11.4.1 Transaction Value
11.4.2 Transaction Volume
11.4.3 Revenue

11.5 Merchant Acquiring Revenue
11.6 VAS Revenue


12. AePs - India Payment Market

12.1 Transaction Value
12.2 Transaction Volume
12.3 Revenue


13. Prepaid Payment Instruments - India Payment Market

13.1 Transaction Value
13.2 Transaction Volume
13.3 Revenue


14. Company Insights

14.1 PayTM

14.1.1 Overviews
14.1.2 Recent Developments
14.1.3 Revenues

14.2 Mobikwik

14.2.1 Overviews
14.2.2 Recent Developments
14.2.3 Revenues

14.3 Google Pay

14.3.1 Overviews
14.3.2 Recent Developments
14.3.3 Revenues

14.4 Amazon Pay

14.4.1 Overviews
14.4.2 Recent Developments
14.4.3 Revenues

14.5 PhonePe

14.5.1 Overviews
14.5.2 Recent Developments
14.5.3 Revenues



List of Figures



Figure-01: India Payment Market Transaction Value (Trillion INR), 2018 – 2020
Figure-02: Forecast for – India Payment Market Transaction Value (Trillion INR), 2021 – 2027
Figure-03: India Payment Market Transaction Volume (Number in Billion), 2018 – 2020
Figure-04: Forecast for – India Payment Market Transaction Volume (Number in Billion), 2021 – 2027
Figure-05: India Payment Market Revenue (Billion INR), 2018 – 2020
Figure-06: Forecast for – India Payment Market Revenue (Billion INR), 2021 – 2027
Figure-07: UPI Transaction Value (Trillion INR), 2018 – 2020
Figure-08: Forecast for – UPI Transaction Value (Trillion INR), 2021 – 2027
Figure-09: UPI Transaction Volume (Number in Billion), 2018 – 2020
Figure-10: Forecast for – UPI Transaction Volume (Number in Billion), 2021 – 2027
Figure-11: UPI Revenue (Billion INR), 2018 – 2020
Figure-12: Forecast for – UPI Revenue (Billion INR), 2021 – 2027
Figure-13: NETC Transaction Value (Trillion INR), 2018 – 2020
Figure-14: Forecast for – NETC Transaction Value (Trillion INR), 2021 – 2027
Figure-15: NETC Transaction Volume (Number in Billion), 2018 – 2020
Figure-16: Forecast for – NETC Transaction Volume (Number in Billion), 2021 – 2027
Figure-17: NETC Revenue (Billion INR), 2018 – 2020
Figure-18: Forecast for – NETC Revenue (Billion INR), 2021 – 2027
Figure-19: Bharat Bill Pay System Transaction Value (Billion INR), 2018 – 2020
Figure-20: Forecast for – Bharat Bill Pay System Transaction Value (Billion INR), 2021 – 2027
Figure-21: Bharat Bill Pay System Transaction Volume (Number in Million), 2018 – 2020
Figure-22: Forecast for – Bharat Bill Pay System Transaction Volume (Number in Million), 2021 – 2027
Figure-23: Bharat Bill Pay System Revenue (Billion INR), 2018 – 2020
Figure-24: Forecast for – Bharat Bill Pay System Revenue (Billion INR), 2021 – 2027
Figure-25: Bharat Bill Pay System Existing Business Categories (Billion INR), 2016 – 2020
Figure-26: Forecast for – Bharat Bill Pay System Existing Business Categories (Billion INR), 2021 – 2027
Figure-27: Bharat Bill Pay System New Business Categories (Billion INR), 2020 – 2027
Figure-28: Cross-Border Remittances Inflow (Billion INR), 2018 – 2020
Figure-29: Forecast for – Cross-Border Remittances Inflow (Billion INR), 2021 – 2027
Figure-30: Cross-Border Remittances Outflow (Billion INR), 2018 – 2020
Figure-31: Forecast for – Cross-Border Remittances Outflow (Billion INR), 2021 – 2027
Figure-32: Cross-Border Remittances Revenue (Billion INR), 2018 – 2020
Figure-33: Forecast for – Cross-Border Remittances Revenue (Billion INR), 2021 – 2027
Figure-34: Credit Card Transaction Value (Billion INR), 2018 – 2020
Figure-35: Forecast for – Credit Card Transaction Value (Billion INR), 2021 – 2027
Figure-36: Credit Card Transaction Volume (Number in Million), 2018 – 2020
Figure-37: Forecast for – Credit Card Transaction Volume (Number in Million), 2021 – 2027
Figure-38: Debit Card Transaction Value (Billion INR), 2018 – 2020
Figure-39: Forecast for – Debit Card Transaction Value (Billion INR), 2021 – 2027
Figure-40: Debit Card Transaction Volume (Number in Million), 2018 – 2020
Figure-41: Forecast for – Debit Card Transaction Volume (Number in Million), 2021 – 2027
Figure-42: Revenue (Credit Card and Debit Card) (Billion INR), 2018 – 2020
Figure-43: Forecast for – Revenue (Credit Card and Debit Card) (Billion INR), 2021 – 2027
Figure-44: ATM Transaction Value (Billion INR), 2018 – 2020
Figure-45: Forecast for – ATM Transaction Value (Billion INR), 2021 – 2027
Figure-46: ATM Transaction Volume (Number in Million), 2018 – 2020
Figure-47: Forecast for – ATM Transaction Volume (Number in Million), 2021 – 2027
Figure-48: ATM Revenue (Billion INR), 2018 – 2020
Figure-49: Forecast for – ATM Revenue (Billion INR), 2021 – 2027
Figure-50: Merchant Acquiring Revenue (Billion INR), 2018 – 2020
Figure-51: Forecast for – Merchant Acquiring Revenue (Billion INR), 2021 – 2027
Figure-52: VAS Revenue (Billion INR), 2020 – 2027
Figure-53: AePs Transaction Value (Billion INR), 2018 – 2020
Figure-54: Forecast for – AePs Transaction Value (Billion INR), 2021 – 2027
Figure-55: AePs Transaction Volume (Number in Million), 2018 – 2020
Figure-56: Forecast for – AePs Transaction Volume (Number in Million), 2021 – 2027
Figure-57: AePs Revenue (Billion INR), 2018 – 2020
Figure-58: Forecast for – AePs Revenue (Billion INR), 2021 – 2027
Figure-59: Prepaid Payment Instruments Transaction Value (Billion INR), 2018 – 2020
Figure-60: Forecast for – Prepaid Payment Instruments Transaction Value (Billion INR), 2021 – 2027
Figure-61: Prepaid Payment Instruments Transaction Volume (Number in Million), 2018 – 2020
Figure-62: Forecast for – Prepaid Payment Instruments Transaction Volume (Number in Million), 2021 – 2027
Figure-63: Prepaid Payment Instruments Revenue (Billion INR), 2018 – 2020
Figure-64: Forecast for – Prepaid Payment Instruments Revenue (Billion INR), 2021 – 2027


List of Tables



Table-01: Digital Payment Volume Share Analysis (Percent), 2018 – 2020
Table-02: Forecast for – Digital Payment Volume Share Analysis (Percent), 2021 – 2027
Table-03: Bharat Bill Pay System Categories Share in Transaction Volume (Percent), 2020 – 2027
Table-04: Bharat Bill Pay System Channel Wise Split (Transaction Value) (Percent)