The forecast for the number of card payments per inhabitant in India shows a gradual and steady increase from 2024 to 2028. The number starts at 12.62 in 2024 and reaches 14.27 by 2028. With no data for 2023 provided, we begin analysis from 2024. The compound annual growth rate (CAGR) from 2024 to 2028 suggests a steady growth trajectory, which appears minimal but consistent year-on-year.

Future trends to watch for:

Increased adoption of digital payment solutions might accelerate growth.
Government initiatives to promote cashless transactions could further boost card usage.
Technological advancements in payment infrastructures may enhance the frequency of card payments.