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

System

Volume (Lakh)

Value (₹ Crore)

FY 2022-23

2023

2024

FY 2022-23

2023

2024

Feb.

Jan.

Feb.

Feb.

Jan.

Feb.

1

-2

-1

0

5

2

3

4

A. Settlement Systems

Financial Market Infrastructures (FMIs)

1 CCIL Operated Systems (1.1 to 1.3)

41.44

3.51

3.74

3.60

258797336

22281370

21705635

21907760

1.1 Govt. Securities Clearing (1.1.1 to 1.1.3)

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 (1.1 to 1.2)

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 (2.1 to 2.6)

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 (3.1 to 3.3)

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 (4.1 to 4.2)

63324.72

4588.51

4934.19

4634.88

2152245

168378

211931

190658

4.1 Credit Cards (4.1.1 to 4.1.2)

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 (4.2.1 to 4.2.1 )

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 (5.1 to 5.2)

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 (5.2.1 to 5.2.2)

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 (6.1 to 6.2)

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

–

–

–

–

–

–

–

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

System

Volume (Lakh)

Value (₹ Crore)

FY 2022-23

2023

2024

FY 2022-23

2023

2024

Feb.

Jan.

Feb.

Feb.

Jan.

Feb.

1

2

3

4

5

6

7

8

A. Other Payment Channels

1 Mobile Payments (mobile app based) (1.1 to 1.2)

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) @ (2.1 to 2.2)

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 $ (3.1 to 3.3)

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 $ (4.1 to 4.2)

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 Withrawal 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)

System

As on March 2023

2023

2024

Feb.

Jan.

Feb.

1

2

3

4

Payment System Infrastructures

1 Number of Cards (1.1 to 1.2)

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 @ (2.1 to 2.2)

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 (3.1 to 3.2)

2.59

2.57

2.58

2.57

3.1 Bank owned ATMs $

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

@: New inclusion w.e.f. November 2019
#: Data reported by Co-operative Banks, LABs and RRBs included with effect from December 2021.
$ : Inclusion separately initiated from November 2019 - would have been part of other items hitherto.
*: New inclusion w.e.f. September 2020; Includes only static UPI QR Code Note : 1. Data is provisional.
ECS (Debit and Credit) has been merged with NACH with effect from January 31, 2020.
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.
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.
Part I-A. Settlement systems
1.1.3: Tri- party Repo under the securities segment has been operationalised from November 05, 2018. Part I-B. Payments systems
4.1.2: ‘Others’ includes e-commerce transactions and digital bill payments through ATMs, etc.
4.2.2: ‘Others’ includes e-commerce transactions, card to card transfers and digital bill payments through ATMs, etc. 5: Available from December 2010.
5.1: includes purchase of goods and services and fund transfer through wallets.
5.2.2: includes usage of PPI Cards for online transactions and other transactions.
6.1: Pertain to three grids – Mumbai, New Delhi and Chennai.
6.2: ‘Others’ comprises of Non-MICR transactions which pertains to clearing houses managed by 21 banks. Part II-A. Other payment channels
1: Mobile Payments –
Include transactions done through mobile apps of banks and UPI apps.
The data from July 2017 includes only individual payments and corporate payments initiated, processed, and authorised using mobile device. Other corporate payments which are not initiated, processed, and authorised using mobile device are excluded.
2: Internet Payments – includes only e-commerce transactions through ‘netbanking’ and any financial transaction using internet banking website of the bank. Part II-B. ATMs
3.3 and 4.2: only relates to transactions using bank issued PPIs.
Part III. Payment systems infrastructure
3: Includes ATMs deployed by Scheduled Commercial Banks (SCBs) and White Label ATM Operators (WLAOs). WLAs are included from April 2014 onwards.