India: The world's most populated country is also growing in business opportunities

After a digital boom in India, we are seeing exponential growth in eCommerce.

Market Overview

With exponential growth, the eCommerce market in India is forecasted to reach US$350 billion by 2030*. * Source: Statista, 2023

Gain insight into India's most relevant payment methods

  1. 45% eWallets
  2. 28% Cards
  3. 12% Bank Transfer
  4. 9% Cash
  5. 6% Other
  • Credit and debit cards

    Play like a local by offering traditional payment methods.

    • Visa
    • Mastercard
    • RuPay
    • Maestro
  • Wallets

    Tackle all audiences.

    • Freecharge
    • Jio
    • Ola Money
    • MobikWik
    • PayTM
    • Phone PE
  • Online bank transfers

    Count on a wide variety of options to drive conversion.

    • Canara Bank
    • State Bank of India
    • Union Bank of India
    • Axis Bank
  • Unified payment service (UPI)

    • UPI
  • Pay later

    • Simpl
    • ICICI Bank
    • Epay Later

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See more about the fastest-growing payment methods in India: UPI

Download the country guide for your business to flourish in India
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