Mobile Payment and Digital Commerce in

India
TRANSACTION VALUE Number of Users
800
Mobile POS Payments Digital Commerce Total

697.8
657.8
636.9
625.5
700

590.9
566.4
553.7
134588
600

513.8
150000

487.6
116324

471
500

403.2
425
100773

in millions
98655

93404
400

318.5
83547
100000
81197
IN MILLION US $

71544
64787

240.4
300
58812
51105
47510
41035
38928

200

33815
50000 22920
15108

100
9653
5975
3595
2107

0
0
2017 2018 2019 2020 2021 2022 2023 2017 2018 2019 2020 2021 2022 2023
YEAR Year

Mobile POS Payments Digital Commerce

• Total transaction value in the Digital Payments segment amounts to
US$64,787m in 2019.
• Total transaction value is expected to show an annual growth rate (CAGR
2019-2023) of 20.1% resulting in the total amount of US$134,588m by
2023.
• The market's largest segment is Digital Commerce with a total transaction
value of US$58,812m in 2019.
• From a global comparison perspective it is shown that the highest
cumulated transaction value is reached in China (US$1,570,194m in 2019).