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India Payments Industry Outlook 2022 - 2026

See how India Payments performed compared to key markets such as China, the United States and the United Kingdom.

Key Market Indicators

Payment transactions in India are projected to reach $19.9 trillion by 2026. This figure is up 0.9% from its 2021 value of $19.2 trillion. Since 2012, the demand for payment transactions in India has grown 1% year-on-year. India was in 9th place in 2021, with South Korea ahead at $19.2 trillion. The United States, the United Kingdom and Germany ranked 2nd, 3rd and 4th respectively. The number of payment terminals in India is expected to reach 29.1 million units by 2026, up 3.4% from 24.2 million units in 2021. Since 2012, the country's supply has grown 4.9% year-on-year. India was in 7th place in 2021, while France had 24.2 million units. China, Brazil and the United Kingdom ranked 2nd, 3rd and 4th respectively.

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India Payments Market Data and Forecasts

How much will India Payments Market grow to 2026?

Forecast: Number of ATMs (Automated Teller Machines) in India
Forecast: Number of E-money Payments in India
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