Payment System Indicators

PART I - Payment System Indicators - Payment & Settlement System Statistics

Volume (lakh)

Value (₹ crore)

FY 2022-23

2023
February

2024

2024

FY 2022-23

2023
February

2024

2024

January

February

January

February

1

2

3

4

1

2

3

4

A. Settlement Systems

Financial Market Infrastructures (FMIs)

1 CCIL Operated Systems

41.44

3.51

3.74

3.60

258797336

22281370

21705635

21907760

1.1 Govt. Securities Clearing

15.00

1.27

1.42

1.46

172251292

14888685

14658627

14722762

1.1.1 Outright

7.99

0.68

0.79

0.87

10090700

895740

1100547

1273135

1.1.2 Repo

4.07

0.38

0.43

0.39

68032487

6436404

6039056

6575139

1.1.3 Tri-party Repo

2.94

0.21

0.21

0.20

94128105

7556541

7519024

6874488

1.2 Forex Clearing

25.16

2.11

2.21

2.04

78932050

6602897

6439543

6537554

1.3 Rupee Derivatives @

1.27

0.13

0.11

0.09

7613994

789788

607465

647444

B. Payment Systems

I Financial Market Infrastructures (FMIs)

1 Credit Transfers - RTGS

2425.62

200.50

230.99

238.26

149946286

12053579

14691625

14614297

1.1 Customer Transactions

2411.19

199.35

229.79

237.09

131667176

10566198

13127720

13083464

1.2 Interbank Transactions

14.43

1.14

1.20

1.17

18279111

1487381

1563905

1530833

II Retail

2 Credit Transfers - Retail

983620.84

88539.09

137068.03

137733.21

55009620

4647461

5945126

6039675

2.1 AePS (Fund Transfers) @

5.90

0.31

0.36

0.32

356

22

24

21

2.2 APBS $

17833.95

2519.89

2118.74

2965.77

247535

35468

42872

48312

2.3 IMPS

56532.64

4478.13

5087.92

5346.35

5585441

468647

566310

568092

2.4 NACH Cr $

19257.19

1517.57

948.05

1504.81

1541815

131505

127514

123887

2.5 NEFT

52847.43

4675.61

6882.78

6889.23

33719541

2775972

3367322

3471495

2.6 UPI @

837143.73

75347.57

122030.18

121026.73

13914932

1235847

1841084

1827869

2.6.1 of which USSD @

17.21

1.51

1.90

1.66

197

17

21

19

3 Debit Transfers and Direct Debits

15343.05

1359.79

1571.50

1611.25

1289611

115272

154405

153734

3.1 BHIM Aadhaar Pay @

214.22

11.50

18.82

15.43

6791

454

619

376

3.2 NACH Dr $

13502.52

1209.13

1440.08

1464.78

1280219

114587

153564

153173

3.3 NETC (linked to bank account) @

1626.31

139.16

112.60

131.04

2601

231

222

184

4 Card Payments

63324.72

4588.51

4934.19

4634.88

2152245

168378

211931

190658

4.1 Credit Cards

29145.24

2323.20

3289.52

3112.44

1432255

118684

166444

149206

4.1.1 PoS based $

15598.46

1255.88

1725.59

1618.50

541932

44611

58532

54431

4.1.2 Others $

13546.79

1067.32

1563.93

1493.94

890323

74073

107912

94775

4.2 Debit Cards

34179.48

2265.31

1644.68

1522.44

719989

49693

45487

41452

4.2.1 PoS based $

22904.86

1581.95

1193.18

1109.26

476520

33432

30383

27930

4.2.2 Others $

11274.61

683.36

451.50

413.18

243470

16261

15103

13522

5 Prepaid Payment Instruments

74667.44

6050.89

7087.25

6470.87

287111

22399

25784

22676

5.1 Wallets

59112.76

4929.04

5766.67

5211.85

221896

18356

21259

18434

5.2 Cards

15554.69

1121.85

1320.58

1259.02

65215

4043

4525

4242

5.2.1 PoS based $

1013.09

63.07

690.67

702.42

14777

792

927

919

5.2.2 Others  $

14541.60

1058.78

629.91

556.60

50438

3251

3598

3323

6 Paper-based Instruments

7109.28

553.90

547.17

541.88

7172904

565690

583653

602630

6.1 CTS (NPCI Managed)

7109.28

553.90

547.17

541.88

7172904

565690

583653

602630

6.2 Others

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Total Retail Payments (2+3+4+5+6)

1144065.34

101092.17

151208.15

150992.10

65911490

5519200

6920899

7009374

Total Payments (1+2+3+4+5+6)

1146490.96

101292.67

151439.14

151230.36

215857776

17572779

21612523

21623671

Total Digital Payments (1+2+3+4+5)

1139381.68

100738.77

150891.97

150688.48

208684872

17007089

21028871

21021041

PART II - Payment Modes and Channels

Volume (lakh)

Value (₹ crore)

FY 2022-23

2023
February

2024

2024

FY 2022-23

2023
February

2024

2024

January

February

January

February

1

2

3

4

1

2

3

4

A. Other Payment Channels

1 Mobile Payments (mobile app based)

805338.23

72542.86

117854.93

117275.04

22031628

1930129

2815296

2828112

1.1 Intra-bank $

62306.61

5107.77

7654.37

7774.97

4191430

353815

524854

530845

1.2 Inter-bank $

743031.61

67435.09

110200.56

109500.07

17840197

1576314

2290441

2297267

2 Internet Payments (Netbanking / internet browser based) @

42630.64

3319.04

3837.71

3800.36

91539296

7380904

9123990

8867591

2.1 Intra-bank @

10703.78

834.55

1028.04

1008.05

53506133

4172937

4767036

4540083

2.2 Inter-bank @

31926.86

2484.49

2809.67

2792.31

38033163

3207966

4356954

4327508

B. ATMs

3. Cash Withdrawal at ATMs $

69468.87

5472.33

5306.01

5171.94

3305008

263681

260746

257228

3.1 Using Credit Cards $

88.37

7.39

8.26

7.91

4296

358

404

395

3.2 Using Debit Cards $

68975.18

5433.46

5272.19

5138.76

3286749

262098

259326

255798

3.3 Using Pre-paid Cards $

405.32

31.47

25.56

25.27

13963

1225

1016

1035

4. Cash Withdrawal at PoS $

27.73

2.17

0.65

0.55

278

21

6

5

4.1 Using Debit Cards $

27.41

2.16

0.64

0.53

276

21

6

5

4.2 Using Pre-paid Cards $

0.33

0.01

0.02

0.01

2

0

0

0

5. Cash Withdrawal at Micro ATMs @

12375.16

918.44

839.66

812.15

333966

25483

22351

21543

5.1 AePS @

12375.16

918.44

839.66

812.15

333966

25483

22351

21543

PART III - Payment Infrastructures (lakh)

As on March 2023

2023
February

2024

2024

January

February

1

2

3

4

Payment System Infrastructures

1 Number of Cards

10465.62

10374.87

10570.66

10612.71

1.1 Credit Cards

853.03

833.66

995.00

1006.00

1.2 Debit Cards

9612.59

9541.22

9575.66

9606.71

2 Number of PPIs @

16185.22

16109.65

17676.26

17118.56

2.1 Wallets @

13384.65

13335.10

14396.94

13795.76

2.2 Cards @

2800.57

2774.55

3279.32

3322.80

3 Number of ATMs and CRMs

2.59

2.57

2.58

2.57

3.1 Bank owned ATMs$ and CRMs#

2.23

2.21

2.24

2.23

3.2 White Label ATMs $

0.36

0.36

0.34

0.34

4 Number of Micro ATMs @

16.11

15.59

17.60

17.01

5 Number of PoS Terminals

77.90

77.58

85.93

87.73

6 Bharat QR @

53.82

52.22

60.04

61.50

7 UPI QR *

2563.77

2500.89

3213.79

3371.80

PART IV - Payment Modes and Channels (International)

Details of International transactions done using cards (credit, debit and PPI) issued in India

Volume (lakh)

Value (₹ crore)

2024

2024

2024

2024

January

February

January

February

1. Card Payments

90.59

87.22

7538

6809

1.1 Credit Cards

56.33

53.99

5411

5002

1.1.1 PoS based

20.91

19.65

1626

1475

1.1.2 Online

35.42

34.35

3786

3527

1.2 Debit Cards

34.26

33.22

2126

1807

1.2.1 PoS based

14.66

13.73

729

648

1.2.2 Online

19.60

19.50

1398

1159

2. Prepaid Payment Instruments

25.11

24.16

1111

946

2.1 PoS based

21.40

20.68

827

728

2.2 Online

3.71

3.48

284

218

3. Cash Withdrawal at ATMs

6.49

6.22

1826

1563

3.1 Using Credit Cards

0.35

0.35

62

60

3.2 Using Debit Cards

4.38

4.21

874

858

3.3 Using PPIs

1.75

1.67

890

644

Total International Payments

122.18

117.60

10474

9318

PART V - Domestic Payment Frauds

Volume (Lakh)

Value (Crore)

One in every X payment transaction fraudulent

FTS (Fraud / Payment Value * 10000)

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.