The above graph represents the total value of PPI transactions in India by type, on a monthly basis. The total value of PPI transactions increased from Rs 177.64 billion in June 2019 to Rs 184.37 billion in July 2019. One must note that out of the total volume and value of PPI transactions in India, mobile wallets constitute the most, followed by PPI cards.

RegionIndia
SourceReserve Bank of India (RBI)
Last Updated18 September 2019
Graph ID474
DurationApril 2012 – July 2019

In terms of value, the mobile wallet transactions increased from Rs 154.71 billion in June 2019 to Rs 159.49 billion in July 2019.

Meanwhile, the total value of PPI card transactions increased from Rs 22.93 billion to Rs 24.88 billion during the same period.

In October 2018, about Rs 221.28 billion worth of transactions were completed through PPIs, which happens to be the maximum amount transacted through PPIs so far in a single month. Interestingly, nearly 85% of that amount transacted using mobile wallets, and rest 15% using PPI cards.

Note: The usage of Paper Vouchers in India remained between 0.017 million and 0.060 million in terms of volume, and between Rs 0.166 billion and Rs 2.788 billion in terms of value, during April 2012 – June 2018. Therefore, the figures are not shown in the graph “Value of PPI Transactions In India by Type”.

Digital Transactions In India: Additional Information

The internet revolution has resulted in exploded adoption of digital methods of transactions worldwide. The users of Credit & Debit cards, mobile and internet nowadays are far more aware and digitally empowered with making financial transactions. In the last few years, however, digital transactions have branched out into multiple types of financial transactions.

Started with the use of Credit and Debit cards at POS in large retail stores, digital transactions industry has come a long way. The introduction of mobile wallets and UPI have transformed the whole digital transaction industry in India. RTGS (Real Time Gross Settlement), NEFT (National Electronic Fund Transfer), CTS (Cheque Truncation System), IMPS (Immediate Payment Service), NACH (National Automated Clearing House), UPI (Unified Payments Interface) and PPI (Prepaid Payment Instruments) are the main type of financial transactions that fall under the Digital transaction category.

Digital transactions save time and money, resulting in a better bottom line. Customer experiences are also enhanced (think of the convenience of eSigning versus having to print a contract, sign it, and then return it by mail or fax). And digital transactions improve tracking capabilities, which helps reduce errors.

The exploded adoption of smartphones, mobile apps and mobile internet has helped Digital transaction industry to grow at an unprecedented rate. With more than 500 million smartphone users, India is one of the largest countries by the number of digital transactions that are recorded every month.


The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.

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