Rakuten Insight as of October 2022, over 38 percent of Indian respondents reported to not use any form of e-payment method because they preferred cash. Over 14 percent of respondents in the south Asian country stated that they did not trust e-payment methods and had concerns about their safety.
According to a survey conducted by Reasons for not using e-payment methods in India in 2022
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Rakuten Insight. (December 29, 2022). Reasons for not using e-payment methods in India in 2022 [Graph]. In Statista. Retrieved May 13, 2024, from https://www.statista.com/statistics/1105634/india-reasons-for-not-using-e-payment-services/
Rakuten Insight. "Reasons for not using e-payment methods in India in 2022." Chart. December 29, 2022. Statista. Accessed May 13, 2024. https://www.statista.com/statistics/1105634/india-reasons-for-not-using-e-payment-services/
Rakuten Insight. (2022). Reasons for not using e-payment methods in India in 2022. Statista. Statista Inc.. Accessed: May 13, 2024. https://www.statista.com/statistics/1105634/india-reasons-for-not-using-e-payment-services/
Rakuten Insight. "Reasons for Not Using E-payment Methods in India in 2022." Statista, Statista Inc., 29 Dec 2022, https://www.statista.com/statistics/1105634/india-reasons-for-not-using-e-payment-services/
Rakuten Insight, Reasons for not using e-payment methods in India in 2022 Statista, https://www.statista.com/statistics/1105634/india-reasons-for-not-using-e-payment-services/ (last visited May 13, 2024)
Reasons for not using e-payment methods in India in 2022 [Graph], Rakuten Insight, December 29, 2022. [Online]. Available: https://www.statista.com/statistics/1105634/india-reasons-for-not-using-e-payment-services/