During the survey conducted on preferred shopping modes throughout the festive season across India in 2021, about 59 percent of the respondents preferred using credit cards. EMI was the least preferred mode of payment with only 21 percent of respondents opting for it. The shoppers in the south Asian country seemed to be shifting more towards credit from a cash and debit-driven economy.
Preferred payment mode during festive season across India from 2018 to 2021
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Digital payments in the Asia-Pacific region
Overview
5
- Premium Statistic Digital payments transaction value Asia 2019-2028, by segment
- Premium Statistic Digital payments transaction value in the APAC region 2022, by country and segment
- Premium Statistic Annual commercial and consumer payments in Asia-Pacific 2014-2022, by product type
- Premium Statistic Number of digital payment users Asia 2018-2027, by segment
- Premium Statistic Most used e-payment services Asia 2022, by country
Usage
6
- Premium Statistic Users of digital payments in the APAC region 2021, by country and age
- Premium Statistic Share of consumers that have used e-payment methods Asia 2022, by country
- Premium Statistic Mobile wallet adoption rate APAC 2021, by country
- Premium Statistic Share of internet users using mobile payments APAC 2022, by country
- Premium Statistic Digital payments average transaction in the APAC region 2022, by country & segment
- Premium Statistic Digital remittances average transaction value in the APAC region 2023, by country
Payment methods
6
- Premium Statistic Share of e-commerce payment methods APAC 2023
- Premium Statistic Share of POS payment methods APAC 2023
- Premium Statistic Digital payments as a share of e-commerce and POS payments APAC 2023, by country
- Premium Statistic Credit card market share in POS and e-commerce in 14 territories in Asia-Pacific 2022
- Premium Statistic Debit card payments as a share of e-commerce and POS payments APAC 2023, by country
- Premium Statistic BNPL payments as a share of e-commerce payments APAC 2022, by country
Consumer behavior
6
- Premium Statistic Share of consumers that increased e-payment usage Asia 2022, by country
- Premium Statistic E-payment usage for transferring money to friends and family Asia 2022, by country
- Premium Statistic E-payment usage for online and in-store purchases Asia 2022, by country
- Premium Statistic Share of consumers that pay bills with e-payments Asia 2022, by country
- Premium Statistic Leading reasons to make e-payments Asia 2022, by country
- Premium Statistic Leading reasons to not use e-payments Asia 2022, by country
Outlook
3
Further related statistics
9
- Foreign exchange earnings from tourism in India 2000-2022
- Number of international tourist arrivals in India 2010-2021
- International tourism receipts of India 2011-2022
- Value of Target2 payments in Eurozone 2008-2021
- Per capita consumer spending in India 1974-2012
- Live music tourist attendance in the United Kingdom (UK) 2018, by region
- Percentage of payments with credit card in China 2013
- Number of patients with non-communicable diseases in India 2010
- Millions of U.S. adults visiting art/craft fairs and festivals in the U.S. 2002-2008
Further Content: You might find this interesting as well
Statistics
- Foreign exchange earnings from tourism in India 2000-2022
- Number of international tourist arrivals in India 2010-2021
- International tourism receipts of India 2011-2022
- Value of Target2 payments in Eurozone 2008-2021
- Per capita consumer spending in India 1974-2012
- Live music tourist attendance in the United Kingdom (UK) 2018, by region
- Percentage of payments with credit card in China 2013
- Number of patients with non-communicable diseases in India 2010
- Millions of U.S. adults visiting art/craft fairs and festivals in the U.S. 2002-2008
LitmusWorld. (November 5, 2021). Preferred payment mode during festive season across India from 2018 to 2021 [Graph]. In Statista. Retrieved June 18, 2024, from https://internal.statista.com/statistics/1027445/india-preferred-payment-festive-season/
LitmusWorld. "Preferred payment mode during festive season across India from 2018 to 2021." Chart. November 5, 2021. Statista. Accessed June 18, 2024. https://internal.statista.com/statistics/1027445/india-preferred-payment-festive-season/
LitmusWorld. (2021). Preferred payment mode during festive season across India from 2018 to 2021. Statista. Statista Inc.. Accessed: June 18, 2024. https://internal.statista.com/statistics/1027445/india-preferred-payment-festive-season/
LitmusWorld. "Preferred Payment Mode during Festive Season across India from 2018 to 2021." Statista, Statista Inc., 5 Nov 2021, https://internal.statista.com/statistics/1027445/india-preferred-payment-festive-season/
LitmusWorld, Preferred payment mode during festive season across India from 2018 to 2021 Statista, https://internal.statista.com/statistics/1027445/india-preferred-payment-festive-season/ (last visited June 18, 2024)
Preferred payment mode during festive season across India from 2018 to 2021 [Graph], LitmusWorld, November 5, 2021. [Online]. Available: https://internal.statista.com/statistics/1027445/india-preferred-payment-festive-season/