According to a survey conducted on digital payments across India in 2020, the majority of respondents stated that transaction loss occurred while using UPI method. In contrast, only over nine percent of the respondents lost their money through credit card transactions that year.
Loss of money through digital payment in India in 2020, by payment method
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 Statistics on
About the industry
10
- Premium Statistic Fintech: average per user value of digital payments in Spain 2017-2027, by segment
- Premium Statistic Reasons for not making e-payment methods Philippines 2022
- Premium Statistic Annual revenue of digital payments in Russia 2013-2022
- Premium Statistic Digital payments per capita India FY 2014-2019
- Premium Statistic Value of electronic payment orders in Russia 2013-2022, online and total
- Premium Statistic Value of online non-cash transactions in Poland 2015-2022
- Premium Statistic Customer deposits to Monzo Bank 2018-2023
- Premium Statistic Total equity of Monzo Bank 2016-2023
- Premium Statistic Total assets of Monzo Bank 2016-2023
- Premium Statistic Number of Atom bank app downloads in the UK 2016-2023
About the region
10
- Premium Statistic Value of UPI digital payments across India FY 2017-2023
- Premium Statistic Volume of UPI digital payments across India FY 2017-2023
- Premium Statistic Subscription revenue of TV industry in India 2017-2026
- Premium Statistic Transaction volume of office properties in Bengaluru India 2016-2022
- Premium Statistic Number of banking complaints in India FY 2022, by category
- Premium Statistic Number of Kisan Credit Cards in India FY 2022, by leading state
- Premium Statistic Flipkart profit/loss FY 2014-2023
- Premium Statistic Warehousing transaction volume in India FY 2022, by city
- Premium Statistic Warehousing transaction volume in Kolkata in India FY 2018-2022
- Premium Statistic Warehousing transaction volume in Ahmedabad in India FY 2018-2022
Other regions
9
- Premium Statistic Share of online payment methods Thailand 2022
- Basic Statistic Number of credit transfers and direct debit transactions in Sweden 2013-2019
- Premium Statistic Internet users who made online transactions in Mexico 2001-2020
- Premium Statistic Share of respondents conducting online payments by age group in the UAE 2015
- Premium Statistic Share of Millennials' real time bill payments in the UAE by channel 2015
- Premium Statistic Use of online payment platforms in last year Australia 2018 by age
- Premium Statistic Methods used to perform banking transactions in Canada from 2012 to 2018
- Premium Statistic Frequency of using e-payment methods Philippines 2020
- Premium Statistic SMBs' digitalization expectations due to COVID-19 APAC 2021, by share of business
Related statistics
10
- Premium Statistic Share of payment systems India FY 2024
- Premium Statistic Value of PIPE deals in India's PE/VC sector 2014-2021
- Premium Statistic Number of PIPE deals in PE/VC investments India from 2014-2021
- Premium Statistic Transaction volume of office properties in Ahmedabad India 2016-2022
- Premium Statistic Transaction volume of office properties in Pune India 2016-2022
- Premium Statistic Transaction volume of office properties in Mumbai metropolitan region India 2016-2022
- Premium Statistic Transaction volume of office properties in Hyderabad India 2016-2022
- Premium Statistic Transaction volume of office properties in Chennai India 2016-2022
- Premium Statistic RTGS transaction volume India FY 2014-2021
- Premium Statistic Number of fintech startups in India in 2020, by city
Further related statistics
7
- Lowe's: average amount spent by customers worldwide 2003-2023
- 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
- Per capita consumer spending in India 1974-2012
- Percentage of payments with credit card in China 2013
- Number of patients with non-communicable diseases in India 2010
Further Content: You might find this interesting as well
Statistics
- Lowe's: average amount spent by customers worldwide 2003-2023
- 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
- Per capita consumer spending in India 1974-2012
- Percentage of payments with credit card in China 2013
- Number of patients with non-communicable diseases in India 2010
Website (koanadvisory.com). (December 7, 2020). Loss of money through digital payment in India in 2020, by payment method [Graph]. In Statista. Retrieved May 01, 2024, from https://www.statista.com/statistics/1242361/india-loss-of-money-through-digital-payments-by-payment-method/
Website (koanadvisory.com). "Loss of money through digital payment in India in 2020, by payment method." Chart. December 7, 2020. Statista. Accessed May 01, 2024. https://www.statista.com/statistics/1242361/india-loss-of-money-through-digital-payments-by-payment-method/
Website (koanadvisory.com). (2020). Loss of money through digital payment in India in 2020, by payment method. Statista. Statista Inc.. Accessed: May 01, 2024. https://www.statista.com/statistics/1242361/india-loss-of-money-through-digital-payments-by-payment-method/
Website (koanadvisory.com). "Loss of Money through Digital Payment in India in 2020, by Payment Method." Statista, Statista Inc., 7 Dec 2020, https://www.statista.com/statistics/1242361/india-loss-of-money-through-digital-payments-by-payment-method/
Website (koanadvisory.com), Loss of money through digital payment in India in 2020, by payment method Statista, https://www.statista.com/statistics/1242361/india-loss-of-money-through-digital-payments-by-payment-method/ (last visited May 01, 2024)
Loss of money through digital payment in India in 2020, by payment method [Graph], Website (koanadvisory.com), December 7, 2020. [Online]. Available: https://www.statista.com/statistics/1242361/india-loss-of-money-through-digital-payments-by-payment-method/