Parliament Question: Share of Digital and Cash Payments in Transactions

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES LOK SABHA UNSTARRED QUESTION NO. 5787 ANSWERED ON MONDAY, 30 MARCH, 2026/ CHAITRA 09, 1948 (SAKA) Share of Digital and Cash Payments in Transactions 5787. SHRI M K RAGHAVAN: Will the Minister of FINANCE be pleased to state: (a) whether the Government has data on the respective shares of digital payments and cash (currency) payments in the overall volume and value of transactions taking place in the country; and (b) if so, the details thereof? Answer MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY) (a) & (b) The Reserve Bank of India (RBI) has informed that information on cash payment transactions is not maintained by them. However, details of digital payment transactions from FY 2023-24 till date are as below: Financial Volume Value Year (in Crore) (in Lakh Crore) FY 2023-24 16,443.02 2,428.24 FY 2024-25 22,198.15 2,863.00 FY 2025-26* 25,551.11 2,911.81 *Till Feb 2026 *****