India mobile payments
Alternative payments dominate India’s e-commerce payments
Alternative payments dominate India’s e-commerce payments
Mobile and digital wallets make up 58.1% of all e-commerce payments in 2023.
Mobile wallet payments in India to hit $5.7t in 2027
The value of mobile wallet payments doubled from 2018 to 2022.
Chart of the Week: India’s mobile wallet payments market to hit $4.1t in 2025
In 2022, the market will grow to $1.7t, according to GlobalData.
Thought Leadership Centre
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1. Mizuho to acquire majority of Upsider’s shares for $309.8m 2. Singapore launches electronic deferred payments to ease cheque phase-out 3. SMBC appoints Joy Kwek to lead capital markets & solutions in APAC 4. NAB invests $55m to upgrade over 100 branches across Australia 5. Airwallex gains capital markets services license in SingaporeResource Center
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The digital bank was recognised as the Digital Bank of the Year - Hong Kong at the Asian Banking & Finance Retail Banking Awards 2025.
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