India Number of PPI Wallets (Prepaid Payment Instruments)

Monthly count of active PPI Wallets (Prepaid Payment Instruments) in India (in million) from Nov 2019 onward. Includes mobile wallets such as Paytm Wallet, PhonePe Wallet, Amazon Pay Wallet, and bank-issued PPIs. Data sourced from RBI Payment System Indicators.

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  • Source: Reserve Bank of India
LATEST VALUE (May 2026)1,759.604million
MAX VALUE1,975.369million in Mar 2021
GROWTH SINCE START35.4%Feb 25 to May 2026
YEARS OF DATASelectedFeb 25 to May 2026
TOTAL DATA POINTS79Monthly Observations

PPI Wallet - Total Count(million)

Updated Jun 25, 2026

Feb 25
1,299.366 million
May 2026
1,759.604 million
Formula
Formula
Value = As reported by the official source.

This dataset represents reported values over time. Growth patterns should be interpreted using the chart and filters, not CAGR.

Source
Source
Reserve Bank of India
How to explore
How to explore
  • Use custom date filters to explore different periods.
  • Track short-term spikes or declines using MoM changes.
  • Compare early vs recent values to understand scale changes.

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PPI Wallet - Total Count

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