Table-1: Volume of Cashless Payment System in India (Monthly Averages)

(Figures in millions)
Cashless Option Up to Aug, 2018 2017-18 2016-17 2015-16 2014-15 2013-14 CAGR
RTGS 11.11 9.8 8.99 8.2 7.73 6.76 8.63%
EFT/NEFT 193.2 149.87 135.17 104.41 77.3 55.08 23.26%
Immediate Payment Service (IMPS) 121.52 66.68 42.23 18.4 6.53 1.28 113.59%
Credit Cards 139.93 111.08 91.13 65.97 51.62 42.67 21.89%
Debit Cards 1,123.24 932.17 913.53 770.58 650.38 558.92 12.34%
m-Wallet 316.03 254.92 135.83 50.33 21.25 8.96 81.09%
Mobile Banking 306.22 112.01 81.4 32.46 14.33 7.89 84.00%
National Automated Clearing House (NACH) 250.47 212.1 171.44 117.01 28.35 7.21 80.64%

Table-2: Value of Cashless Payment System in India (Monthly Averages)

(Figures in Rs. billions)
Cashless Option Up to Aug, 2018 2017-18 2016-17 2015-16 2014-15 2013-14 CAGR
RTGS 1,34,503.67 1,12,954.77 1,04,471.01 86,295.97 77,444.41 75,414.00 10.12%
EFT/NEFT 17,705.91 12,318.19 10,003.31 6,939.43 4,983.65 3,648.79 30.12%
Immediate Payment Service (IMPS) 1,129.45 587.24 342.59 135.19 48.49 7.98 128.28%
Credit Cards 471.87 349.36 276.02 203.09 160.22 129.73 24.01%
Debit Cards 3,151.88 2,581.31 2,241.82 2,246.72 1,957.72 1,716.91 10.65%
m-Wallet 142.3 67.2 44.37 17.15 6.82 2.42 97.20%
Mobile Banking 1,835.73 1,737.68 1,092.06 336.74 86.28 18.68 114.82%
National Automated Clearing House (NACH) 1104.07 846.65 659.68 316.82 101.74 17.9 98.77%