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.
Join the community
Thought Leadership Centre
Most Read
1. BPI digital platforms unavailable on 4 October 2025 2. Singapore’s investment banking fees rise 31.5% in 9M 2025 3. Singapore banks introduce safeguard for large digital withdrawals 4. Citi poaches BofA banker for vice chair of tech investment banking 5. SMBC Group establishes offshoring hub in Chennai, IndiaResource Center
Event News
Asian Banking & Finance Retail Banking Awards 2025 Winner: Kwong Wah Eric Fan of Shanghai Commercial Bank
Kwong Wah Eric Fan of Shanghai Commercial Bank highlights how the company drives fintech growth through digital transformation.
Commentary
Electronic trading proves its strength in times of volatility