India: Economy and e-Commerce

Second only to China in population, India’s ecommerce market has big potential as only 2% of the population shop online. Potential is limited currently due to low urbanization, internet penetration and income levels, but smartphone penetration is growing at 150% year over year.

Preferred online payment methods in India

34% card based
24% cash based
8% bank transfer
6% Paypal

 

Let’s Expand Your Global Footprint and Optimize Local Sales. 

Contact us today and together we will tailor your payment strategy to meet your business requirements, growth plans and sales goals.