Payment System Indicators - February 2024
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Payment System Indicators
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PART I - Payment System Indicators - Payment & Settlement System Statistics
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Volume (lakh)
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Value (₹ crore)
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FY 2022-23
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2023
February
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2024
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2024
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FY 2022-23
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2023
February
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2024
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2024
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January
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February
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January
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February
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1
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2
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3
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4
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1
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2
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3
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4
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A. Settlement Systems
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Financial Market Infrastructures (FMIs)
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1 CCIL Operated Systems
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41.44
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3.51
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3.74
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3.60
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258797336
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22281370
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21705635
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21907760
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1.1 Govt. Securities Clearing
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15.00
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1.27
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1.42
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1.46
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172251292
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14888685
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14658627
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14722762
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1.1.1 Outright
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7.99
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0.68
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0.79
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0.87
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10090700
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895740
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1100547
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1273135
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1.1.2 Repo
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4.07
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0.38
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0.43
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0.39
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68032487
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6436404
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6039056
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6575139
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1.1.3 Tri-party Repo
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2.94
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0.21
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0.21
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0.20
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94128105
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7556541
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7519024
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6874488
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1.2 Forex Clearing
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25.16
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2.11
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2.21
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2.04
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78932050
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6602897
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6439543
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6537554
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1.3 Rupee Derivatives @
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1.27
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0.13
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0.11
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0.09
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7613994
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789788
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607465
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647444
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B. Payment Systems
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I Financial Market Infrastructures (FMIs)
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1 Credit Transfers - RTGS
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2425.62
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200.50
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230.99
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238.26
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149946286
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12053579
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14691625
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14614297
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1.1 Customer Transactions
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2411.19
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199.35
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229.79
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237.09
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131667176
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10566198
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13127720
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13083464
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1.2 Interbank Transactions
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14.43
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1.14
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1.20
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1.17
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18279111
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1487381
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1563905
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1530833
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II Retail
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2 Credit Transfers - Retail
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983620.84
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88539.09
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137068.03
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137733.21
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55009620
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4647461
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5945126
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6039675
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2.1 AePS (Fund Transfers) @
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5.90
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0.31
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0.36
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0.32
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356
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22
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24
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21
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2.2 APBS $
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17833.95
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2519.89
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2118.74
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2965.77
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247535
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35468
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42872
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48312
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2.3 IMPS
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56532.64
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4478.13
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5087.92
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5346.35
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5585441
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468647
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566310
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568092
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2.4 NACH Cr $
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19257.19
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1517.57
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948.05
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1504.81
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1541815
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131505
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127514
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123887
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2.5 NEFT
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52847.43
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4675.61
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6882.78
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6889.23
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33719541
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2775972
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3367322
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3471495
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2.6 UPI @
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837143.73
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75347.57
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122030.18
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121026.73
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13914932
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1235847
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1841084
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1827869
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2.6.1 of which USSD @
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17.21
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1.51
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1.90
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1.66
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197
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17
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21
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19
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3 Debit Transfers and Direct Debits
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15343.05
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1359.79
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1571.50
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1611.25
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1289611
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115272
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154405
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153734
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3.1 BHIM Aadhaar Pay @
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214.22
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11.50
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18.82
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15.43
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6791
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454
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619
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376
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3.2 NACH Dr $
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13502.52
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1209.13
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1440.08
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1464.78
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1280219
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114587
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153564
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153173
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3.3 NETC (linked to bank account) @
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1626.31
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139.16
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112.60
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131.04
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2601
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231
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222
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184
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4 Card Payments
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63324.72
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4588.51
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4934.19
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4634.88
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2152245
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168378
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211931
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190658
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4.1 Credit Cards
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29145.24
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2323.20
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3289.52
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3112.44
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1432255
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118684
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166444
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149206
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4.1.1 PoS based $
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15598.46
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1255.88
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1725.59
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1618.50
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541932
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44611
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58532
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54431
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4.1.2 Others $
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13546.79
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1067.32
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1563.93
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1493.94
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890323
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74073
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107912
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94775
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4.2 Debit Cards
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34179.48
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2265.31
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1644.68
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1522.44
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719989
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49693
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45487
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41452
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4.2.1 PoS based $
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22904.86
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1581.95
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1193.18
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1109.26
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476520
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33432
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30383
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27930
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4.2.2 Others $
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11274.61
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683.36
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451.50
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413.18
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243470
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16261
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15103
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13522
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5 Prepaid Payment Instruments
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74667.44
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6050.89
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7087.25
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6470.87
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287111
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22399
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25784
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22676
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5.1 Wallets
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59112.76
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4929.04
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5766.67
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5211.85
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221896
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18356
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21259
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18434
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5.2 Cards
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15554.69
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1121.85
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1320.58
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1259.02
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65215
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4043
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4525
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4242
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5.2.1 PoS based $
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1013.09
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63.07
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690.67
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702.42
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14777
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792
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927
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919
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5.2.2 Others $
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14541.60
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1058.78
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629.91
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556.60
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50438
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3251
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3598
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3323
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6 Paper-based Instruments
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7109.28
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553.90
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547.17
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541.88
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7172904
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565690
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583653
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602630
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6.1 CTS (NPCI Managed)
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7109.28
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553.90
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547.17
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541.88
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7172904
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565690
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583653
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602630
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6.2 Others
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0.00
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0.00
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0.00
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0.00
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0.00
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0.00
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0.00
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0.00
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Total Retail Payments (2+3+4+5+6)
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1144065.34
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101092.17
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151208.15
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150992.10
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65911490
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5519200
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6920899
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7009374
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Total Payments (1+2+3+4+5+6)
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1146490.96
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101292.67
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151439.14
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151230.36
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215857776
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17572779
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21612523
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21623671
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Total Digital Payments (1+2+3+4+5)
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1139381.68
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100738.77
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150891.97
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150688.48
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208684872
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17007089
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21028871
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21021041
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PART II - Payment Modes and Channels
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Volume (lakh)
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Value (₹ crore)
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FY 2022-23
|
2023
February
|
2024
|
2024
|
FY 2022-23
|
2023
February
|
2024
|
2024
|
|
January
|
February
|
January
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February
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1
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2
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3
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4
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1
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2
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3
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4
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A. Other Payment Channels
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1 Mobile Payments (mobile app based)
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805338.23
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72542.86
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117854.93
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117275.04
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22031628
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1930129
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2815296
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2828112
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1.1 Intra-bank $
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62306.61
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5107.77
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7654.37
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7774.97
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4191430
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353815
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524854
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530845
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1.2 Inter-bank $
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743031.61
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67435.09
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110200.56
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109500.07
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17840197
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1576314
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2290441
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2297267
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2 Internet Payments (Netbanking / internet browser based) @
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42630.64
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3319.04
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3837.71
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3800.36
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91539296
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7380904
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9123990
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8867591
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2.1 Intra-bank @
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10703.78
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834.55
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1028.04
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1008.05
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53506133
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4172937
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4767036
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4540083
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2.2 Inter-bank @
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31926.86
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2484.49
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2809.67
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2792.31
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38033163
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3207966
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4356954
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4327508
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B. ATMs
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3. Cash Withdrawal at ATMs $
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69468.87
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5472.33
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5306.01
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5171.94
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3305008
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263681
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260746
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257228
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3.1 Using Credit Cards $
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88.37
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7.39
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8.26
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7.91
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4296
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358
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404
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395
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3.2 Using Debit Cards $
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68975.18
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5433.46
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5272.19
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5138.76
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3286749
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262098
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259326
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255798
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3.3 Using Pre-paid Cards $
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405.32
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31.47
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25.56
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25.27
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13963
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1225
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1016
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1035
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4. Cash Withdrawal at PoS $
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27.73
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2.17
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0.65
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0.55
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278
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21
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6
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5
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4.1 Using Debit Cards $
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27.41
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2.16
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0.64
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0.53
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276
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21
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6
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5
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4.2 Using Pre-paid Cards $
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0.33
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0.01
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0.02
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0.01
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2
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0
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0
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0
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5. Cash Withdrawal at Micro ATMs @
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12375.16
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918.44
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839.66
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812.15
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333966
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25483
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22351
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21543
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5.1 AePS @
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12375.16
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918.44
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839.66
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812.15
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333966
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25483
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22351
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21543
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PART III - Payment Infrastructures (lakh)
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As on March 2023
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2023
February
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2024
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2024
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January
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February
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1
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2
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3
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4
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Payment System Infrastructures
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1 Number of Cards
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10465.62
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10374.87
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10570.66
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10612.71
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1.1 Credit Cards
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853.03
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833.66
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995.00
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1006.00
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1.2 Debit Cards
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9612.59
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9541.22
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9575.66
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9606.71
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2 Number of PPIs @
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16185.22
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16109.65
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17676.26
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17118.56
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2.1 Wallets @
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13384.65
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13335.10
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14396.94
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13795.76
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2.2 Cards @
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2800.57
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2774.55
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3279.32
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3322.80
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3 Number of ATMs and CRMs
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2.59
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2.57
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2.58
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2.57
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3.1 Bank owned ATMs$ and CRMs#
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2.23
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2.21
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2.24
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2.23
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3.2 White Label ATMs $
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0.36
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0.36
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0.34
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0.34
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4 Number of Micro ATMs @
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16.11
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15.59
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17.60
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17.01
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5 Number of PoS Terminals
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77.90
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77.58
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85.93
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87.73
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6 Bharat QR @
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53.82
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52.22
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60.04
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61.50
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7 UPI QR *
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2563.77
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2500.89
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3213.79
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3371.80
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PART IV - Payment Modes and Channels (International)
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Details of International transactions done using cards (credit, debit and PPI) issued in India
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Volume (lakh)
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Value (₹ crore)
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2024
|
2024
|
2024
|
2024
|
|
January
|
February
|
January
|
February
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1. Card Payments
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90.59
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87.22
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7538
|
6809
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1.1 Credit Cards
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56.33
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53.99
|
5411
|
5002
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1.1.1 PoS based
|
20.91
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19.65
|
1626
|
1475
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|
1.1.2 Online
|
35.42
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34.35
|
3786
|
3527
|
|
1.2 Debit Cards
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34.26
|
33.22
|
2126
|
1807
|
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1.2.1 PoS based
|
14.66
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13.73
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729
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648
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1.2.2 Online
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19.60
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19.50
|
1398
|
1159
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2. Prepaid Payment Instruments
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25.11
|
24.16
|
1111
|
946
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2.1 PoS based
|
21.40
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20.68
|
827
|
728
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2.2 Online
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3.71
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3.48
|
284
|
218
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3. Cash Withdrawal at ATMs
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6.49
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6.22
|
1826
|
1563
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3.1 Using Credit Cards
|
0.35
|
0.35
|
62
|
60
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3.2 Using Debit Cards
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4.38
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4.21
|
874
|
858
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3.3 Using PPIs
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1.75
|
1.67
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890
|
644
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Total International Payments
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122.18
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117.60
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10474
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9318
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PART V - Domestic Payment Frauds
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Volume (Lakh)
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Value (Crore)
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One in every X payment transaction fraudulent
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FTS (Fraud / Payment Value * 10000)
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|
September 2022
|
1.71
|
249
|
58177.41
|
0.127 bps
|
|
October 2022
|
1.79
|
220
|
59533.35
|
0.127 bps
|
|
November 2022
|
2.06
|
257
|
50620.69
|
0.143 bps
|
|
December 2022
|
1.54
|
204
|
72426.75
|
0.103 bps
|
|
January 2023
|
1.57
|
195
|
71681.44
|
0.106 bps
|
|
February 2023
|
2.29
|
317
|
47018.00
|
0.177 bps
|
|
March 2023
|
2.25
|
333
|
53907.48
|
0.142 bps
|
|
April 2023
|
1.75
|
273
|
68927.36
|
0.152 bps
|
|
May 2023
|
2.03
|
285
|
63051.71
|
0.147 bps
|
|
June 2023
|
1.74
|
265
|
72554.96
|
0.128 bps
|
|
July 2023
|
2.24
|
286
|
59898.87
|
0.146 bps
|
|
August 2023
|
2.40
|
320
|
58391.71
|
0.157 bps
|
|
September 2023
|
2.52
|
366
|
55057.76
|
0.174 bps
|
|
October 2023
|
2.23
|
335
|
66950.05
|
0.164 bps
|
|
November 2023
|
2.57
|
428
|
57618.81
|
0.209 bps
|
|
December 2023
|
2.92
|
432
|
53327.09
|
0.187 bps
|
|
January 2024
|
2.69
|
435
|
56335.82
|
0.207 bps
|
|
February 2024
|
2.53
|
503
|
59915.32
|
0.239 bps
|
|
Note : 1. Data is provisional.
2. ECS (Debit and Credit) has been merged with NACH with effect from January 31, 2020.
3. The data from November 2019 onwards for card payments (Debit/Credit cards) and Prepaid Payment Instruments (PPIs) may not be comparable with earlier months/ periods, as more granular data is being published along with revision in data definitions.
4. Only domestic financial transactions are considered. The new format captures e-commerce transactions; transactions using FASTags, digital bill payments and card-to-card transfer through ATMs, etc.. Also, failed transactions, chargebacks, reversals, expired cards/ wallets, are excluded.
5. Data on domestic payment fraud statistics as reported by Scheduled Commercial Banks (excluding RRBs), Non-bank PPI issuers and Non-bank Credit Card issuers in CPFIR (Central Payments Fraud Information Registry).
6. Data does not include attempts to perpetrate frauds.
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