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PPI PPI












          Prepaid Payment Instruments (PPIs) is a Prepaid Payment Instruments (PPIs) is a
          payment instrument that facilitates buying of payment instrument that facilitates buying of

          goods and services, transfer of funds, availing goods and services, transfer of funds, availing




          or on the instrumentsor on the instruments



             17% CAGR17% CAGR





             growth in volume since 2018growth in volume since 2018





             20% CAGR 20% CAGR





             growth in value from FY 2017-18 to growth in value from FY 2017-18 to

             FY 2021-22 FY 2021-22

































          Source: NPCI       Source: NPCI
    69                  69
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