Back to region

India

India has long been bought into the digital payments sphere, even before the Covid-19 pandemic, which accelerated the use of alternative payment methods globally. In 2019, India boasted an 87% financial technology adoption rate - the highest worldwide that year, alongside China

India flag

Population

1,428,627,663

Banked Population:

77.53%

Group 427321246

Main industries

Iron & Steel, Textiles, Jute, Sugar, Cement, Paper, Petrochemical, Automobile, Information Technology (IT), and Banking & Insurance

Group 427321247

Main imports

Crude Petroleum, Petroleum Gas, Gold, Coal Briquettes, and Diamonds

Group 427321248

Main exports

Refined Petroleum, Packaged Medicaments, Diamonds, Rice, and Jewellery

GDP stats

$2,256.6

Per capita (USD)

8.7%

Growth annually

5

World ranking

Internet usage

43%

Smartphone usage

35.4%

Credit/debit card usage

8%

Population transacting electronically

46%

Cash Usage

37%

Group 427321245 1

Total volume of digital payments projected to reach

$160.60B (USD)

Unified Payments Interface

eWallet

The Kalupur Commercial Co Operative Bank

Payout

Andhra Pragathi Grameena Bank

Payout

IndusInd Bank

Payout

Royal Bank of Scotland

Payout

Janata Sahakari Bank Pune

Payout

State Bank of India

Payout

Standard Chartered Bank India

Payout

Union Bank of India

Payout

Union Bank Corporate Netbanking

Payout

Yes Bank

Payout

Zoroastrian Co Operative Bank Ltd

Payout

Syndicate Bank

Payout

Canara Bank

Payout

Thane Bharat Sahakari Bank Ltd

Payout

Central Bank of India

Payout

TJSB Bank

Payout

HDFC Bank

Payout

Tamilnad Mercantile Bank Ltd

Payout

ICICI Bank

Payout

Tamil Nadu State Co operative Bank

Payout

IDBI Bank

Payout

United Bank of India

Payout

Indian Bank

Payout

State Bank of Hyderabad

Payout

UCO Bank

Payout

Karnataka Bank

Payout

State Bank of Travancore

Payout

Ujjivan Small Finance Bank Limited

Payout

Kotak Mahindra Bank

Payout

South Indian Bank Ltd

Payout

Unified Payments Interface

Payout

Punjab National Bank

Payout

The Surat Peoples Co operative Bank Limited

Payout

Utkarsh Small Finance Bank Limited

Payout

Punjab National Bank Corporate Banking

Payout

Saraswat Bank

Payout

Vijaya Bank

Payout

Suryoday Small Finance Bank Limited

Payout

Varachha Co operative Bank Limited

Payout

Sutex Bank

Payout

Yes Bank Corporate

Payout

Shamrao Vithal Coop. Bank Ltd

Payout

Axis Bank

Payout

Shamrao Vithal Co op Bank Corporate

Payout

Bank of India

Payout

Shivalik Mercantile Cooperative Bank Ltd

Payout

Bank of Baroda India

Payout

Indian Overseas Bank

Payout

Punjab And Maharashtra Co operative Bank Limited

Payout

Jio Payments Bank

Payout

PayTm

Payout

Jammu and Kashmir Bank Ltd

Payout

Punjab and Sind Bank

Payout

Jana Small Finance Bank Limited

Payout

Ratnakar Bank RBL Bank

Payout

Karnataka Gramin Bank

Payout

RBL Bank Limited Corporate Banking

Payout

Karur Vysya Bank

Payout

State Bank of Bikaner and Jaipur

Payout

DCB Bank Ltd

Payout

Karnataka Vikas Grameena Bank

Payout

Deutsche Bank India

Payout

Kalyan Janata Sahakari Bank

Payout

Dena Bank

Payout

Lakshmi Vilas Bank Ltd

Payout

Equitas Small Finance Bank Limited

Payout

Maharashtra Gramin Bank

Payout

ESAF Small Finance Bank Limited

Payout

Mehsana urban Co op Bank

Payout

Federal Bank Ltd

Payout

Nainital Bank Ltd

Payout

Fincare Small Finance Bank Limited

Payout

North East Small Finance Bank Limited

Payout

HSBC Ltd

Payout

NKGSB Co op Bank

Payout

IDFC First Bank Ltd

Payout

Nutan Nagarik Sahakari Bank Limited

Payout

Induslnd Bank Ltd

Payout

Oriental Bank of Commerce

Payout

Allahabad Bank

Payout

Catholic Syrian Bank

Payout

Andhra Pradesh Grameena Vikas Bank

Payout

Capital Small Finance Bank Limited

Payout

Au Small Finance Bank Limited

Payout

Cosmos Bank

Payout

Barclays Bank Plc.

Payout

City Union Bank Ltd

Payout

Bank of Bahrain and Kuwait

Payout

Dhanlaxmi Bank Corporate

Payout

Bandhan Bank Corporate

Payout

DBS Bank India Limited

Payout

Bandhan Bank Ltd

Payout

Bassien Catholic Coop Bank

Payout

BNP Paribas India

Payout

Bank of America

Payout

Bank of Maharashtra

Payout

Bharat Co op Bank

Payout

Bank of Baroda Corporate

Payout

Bank of Baroda Retail Accounts

Payout

Citibank N.A. India

Payout

Andhra Bank

Payout

Corporation Bank

Payout

Payment Methods in India

All
  • All Methods
  • Payout
  • eWallet

Explore our global payment solutions

Learn more