India
India’s payment landscape in 2026 is shaped by UPI (Unified Payments Interface), a leading real-time payment system. UPI accounts for the majority of transaction volume, reflecting its deep integration into everyday payments. For merchants, prioritizing UPI QR and intent-based flows is key to reaching consumers and unlocking growth in India’s fast-moving digital economy.
*Data is for Codapay in the period of 1st Oct 2024 - 30th Sep 2025
Impact figures
96%
Android users
4%
iOS users
4.6%
Credit & Debit Card ownership
25.9B
App downloads in 2025
743M
App revenue (USD) in 2025
Insights
Digital wallets
India’s highly Android-dominant market limits Apple Pay’s effectiveness for enabling online payments.
Cards
Credit & Debit cards have very low penetration in-market.
Coda as your Merchant of Record
We handle payments, compliance, and complexity, so you can move faster.
Stay compliant automatically
Taxes, regulations (including PCI-DSS compliance), and reporting handled for you.
Reduce risk and operational overhead
Cross-border settlement, FX complexities, payouts, all managed end-to-end.
Fraud protection
Full fraud management with everything from risk mitigation to chargebacks and dispute resolution.
Related payment methods
© 2026 Coda Payments Pte. Ltd
Site Credits