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'Despite surge in digital payments in India, cash resilient with 50% share'
The Daily Guardian
|October 15, 2025
Despite the massive surge in digital payments across the country, cash continues to hold a strong position in India’s payment ecosystem, accounting for nearly half of all transactions.
Representative Image
According to a report by Care Edge Ratings, cash usage in Private Final Consumption Expenditure (PFCE) is estimated to have maintained a 50 per cent share as of QIFY26.
‘The report highlighted that despite the huge growth in digital transactions over the years, cash remains resilient and continues to coexist with digital modes of payment.
This story is from the October 15, 2025 edition of The Daily Guardian.
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