India payment methods, processors, and ecommerce market

India: Boost eCommerce Growth in India with dLocal

India’s eCommerce growth demands diverse payments like UPI, wallets, and credit cards. dLocal’s integration offers secure processing and regulatory compliance, simplifying market entry for businesses in India.

Market Overview

With exponential growth, the e-commerce market is expected to reach US$350 billion by 2030 * Source: Statista, 2023

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Population: 1.4 B *

India is culturally diverse with untapped opportunity.

* Source: Worldometers 2023.
eCommerce: 181.9 B *

Recently, India has become the eighth-largest eCommerce market globally*.

* Source: business-standard, 2024
Internet users: 52.4% *

The internet penetration rate in India has grown rapidly, increasing from just about four percent in 2007 to over half of the population*.

* Source: financialexpress, 2024

Gain insight into India's most relevant payment methods

57% UPI
25% Credit card
6% Billeteras electrónicas
5% Cash
3% Buy now pay later (BNPL)
1% Debit cards

Most commonly used options

NET Banking
Bank Transfers
Paytm
Wallets
UPI
Unified payment Interface (UPI)
PhonePe
Wallets
MobiKwik
Wallets
OLA Money
Wallets
Airtel
Wallets
Jio
Wallets
Freecharge
Wallets

Credit and debit cards

Play like a local by offering traditional payment methods.
- Visa
- Mastercard
- RuPay
- Maestro
- American Express
- Diners
Bank Transfers
Learn more

Count on a wide variety of options to drive conversion.
- Net Banking
Unified payment service (UPI)
Learn more
- UPI

View Documentation

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