This statistic depicts the average number of Point of Sale (POS) transactions before and after demonetization across India from October to November 2016. In November 2016, the average number of POS transactions increased to around 9.81 million after demonetization in India, compared to 5.08 million transactions in October before demonetization.
Average number of Point of Sale (POS) transactions before and after demonetization across India from October to November 2016
(in millions)
Note: On 8 November 2016, the Government of India announced the demonetization of all 500 and 1,000 Indian rupee banknotes of the Mahatma Gandhi Series.
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KPMG. (April 1, 2017). Average number of Point of Sale (POS) transactions before and after demonetization across India from October to November 2016 (in millions) [Graph]. In Statista. Retrieved May 03, 2025, from https://www.statista.com/statistics/800551/number-of-pos-transactions-pre-and-post-demonetization-india/
KPMG. "Average number of Point of Sale (POS) transactions before and after demonetization across India from October to November 2016 (in millions)." Chart. April 1, 2017. Statista. Accessed May 03, 2025. https://www.statista.com/statistics/800551/number-of-pos-transactions-pre-and-post-demonetization-india/
KPMG. (2017). Average number of Point of Sale (POS) transactions before and after demonetization across India from October to November 2016 (in millions). Statista. Statista Inc.. Accessed: May 03, 2025. https://www.statista.com/statistics/800551/number-of-pos-transactions-pre-and-post-demonetization-india/
KPMG. "Average Number of Point of Sale (Pos) Transactions before and after Demonetization across India from October to November 2016 (in Millions)." Statista, Statista Inc., 1 Apr 2017, https://www.statista.com/statistics/800551/number-of-pos-transactions-pre-and-post-demonetization-india/
KPMG, Average number of Point of Sale (POS) transactions before and after demonetization across India from October to November 2016 (in millions) Statista, https://www.statista.com/statistics/800551/number-of-pos-transactions-pre-and-post-demonetization-india/ (last visited May 03, 2025)
Average number of Point of Sale (POS) transactions before and after demonetization across India from October to November 2016 (in millions) [Graph], KPMG, April 1, 2017. [Online]. Available: https://www.statista.com/statistics/800551/number-of-pos-transactions-pre-and-post-demonetization-india/
