Real-Time Payment Market Overview and Developments, January 2023
Real-Time Payment Market Size, in USD billion, 2022 & 2028f
Total Value of Savings for Consumers and Businesses Facilitated by Real-Time Payments Across 30 Key Markets, in USD billion, 2021 & 2026f
Total GDP Facilitated by Real-Time Payments Across 30 Markets, in USD billion, 2021 & 2026f
Share of Large Firms Using Real-Time Payments and That Consider the Capability Highly Important, in %, July 2022
Share of Companies That Plan to Expand Their RTP Capabilities in the Next 12 Months or Are Already Doing So, in %, July 2022
Share of Companies Viewing Real-Time Payments As Important for Receiving Payments, by Revenue, in %, July 2022
3. Asia-Pacific
3.1. China
Total Number of Real-Time Transactions, in billions, 2022 & 2027f
3.2. India
Total Number of Real-Time Transactions, in billions, 2022 & 2027f
Volume of UPI-Based Real-Time Payment Transactions, in billions, January – June 2022
Total Value of Transactions via UPI, in INR billion, January – June 2022
3.3. Japan
Zengin System Overview, January 2023
Volume of Small-Value Transactions in Zengin Core Time System, in thousands, & Value of Small Transactions, in JPY million, & Year-On-Year Change, in %, January - October 2022
3.4. South Korea
Total Number of Real-Time Transactions, in billions, 2022 & 2027f
3.5. Australia
Overview of New Payments Platform (NPP), January 2023
Share of PayID Users Who Use It at Least Once a Week, in %, May 2022
Top Reasons for Registering PayID, in % of PayID Users, May 2022
Total Number of Real-Time Transactions, in billions, 2022 & 2027f
3.6. Singapore
Overview of Fast and Secure Transfer (FAST) & PayNow, January 2023
Breakdown of Transaction Volume, by Payments Instrument, in % of Total Payment Transaction Volume, 2022 vs 2027f
Breakdown of Spending Value, by Payments Instrument, in % of Total Payment Spending Value, 2022 vs 2027f
3.7. Thailand
Volume of PromptPay Based Real-Time Payment Transactions, in millions, May - October 2022
Value of PromptPay Based Real-Time Payment Transactions, in THB billion, May - October 2022
3.8. Malaysia
Overview of Payments Network Malaysia Sdn Bhd (PayNet), January 2023
Total Number of Real-Time Transactions, in billions, 2022 & 2027f
3.9. Philippines
Overview of InstaPay, January 2023
Total Value of Transactions via InstaPay, in PHP trillion, January - November 2021 vs January - November 2022
3.10. Sri Lanka
Real-Time Payment Market Overview, January 2023
Share of Participants in Real-Time Gross Settlement (RTGS), by Value & by Volume, in % of RTGS Transactions, Q2 2022
4. North America
4.1. USA
Total Number of Real-Time Transactions, in billions, 2022 & 2027f
Share of Companies That Use Real-Time Payments, in %, June 2022 & 2024f
Top Business Outcomes Enabled by Real-Time Payments, in % of Financial Professionals, June 2022
Top Challenges That Financial Professionals Face While Introducing Real-Time Payments, in % of Financial Professionals, June 2022
Top Advantages of Real-Time Payments, RTP Leaders vs RTP Laggers, in % of Financial Professionals, June 2022
4.2. Canada
Breakdown of Transaction Volume, by Payments Instrument, in % of Total Payment Transaction Volume, 2022 vs 2027f
Breakdown of Spending Value, by Payments Instrument, in % of Total Payment Spending Value, 2022 vs 2027f
5. Europe
5.1. Regional
Real-Time Payment Market Overview and Developments, January 2023
P27 Payment Service Overview, January 2023
Share of SEPA Instant Credit Transfer Volume, in % of All SEPA Credit Transfer, Q4 2021-Q3 2022
Share of Respondents That Have Access to Instant Payments, by Country, in %, June 2022 (1 of 3)
Share of Respondents That Have Access to Instant Payments, by Country, in %, June 2022 (2 of 3)
Share of Respondents That Have Access to Instant Payments, by Country, in %, June 2022 (3 of 3)
Number of Participants of SCT Inst Scheme vs SCT Scheme & Adherence Status, in %, June 2022 (1 of 3)
Number of Participants of SCT Inst Scheme vs SCT Scheme & Adherence Status, in %, June 2022 (2 of 3)
Number of Participants of SCT Inst Scheme vs SCT Scheme & Adherence Status, in %, June 2022 (3 of 3)
5.2. UK
Total Payment Volume, by Type of Payment Instrument, incl. “Real-Time Payments”, in millions, 2021
Total Payment Volume, by Type of Payment Instrument, incl. “Real-Time Payments”, in millions, 2031f
5.3. Germany
Total Number of Real-Time Transactions, in billions, 2021 & 2026f
Breakdown of Transaction Volume, by Payments Instrument, in % of Total Payment Transaction Volume, 2021 vs 2026f
Share of Respondents Who are Not Ready to Pay via Instant Payment, in %, 2022e
Share of Respondents Not Ready to Pay via Instant Payment, by Age Group, in %, 2022e
5.4. Netherlands
Breakdown of Transaction Volume, by Payments Instrument, in % of Total Payment Transaction Volume, 2022 vs 2027f
5.5. Sweden
Number of Mediated Payment in Bankgirot Real-Time Payment System, in millions, January-December 2022
5.6. Switzerland
Total Number of Real-Time Transactions, in billions, 2022 & 2027f
5.7. Russia
Total Value of Transactions via SBP, in RUB billion, Q1 2021 - Q2 2022
Number of Transfers Made via SBP, in millions, Q1 2021 – Q2 2022
5.8. Poland
Share of Transactions Made via the Instant Payment System Express Elixir, in % of Total Transactions in Elixir System, June 2022
5.9. Turkey
Instant and Continuous Transfer of Funds (FAST) System Overview, January 2023
5.10. Hungary
Total Number of Real-Time Transactions, in millions, 2022 & 2027f
6. Latin America
6.1. Regional
Overview of Real-Time Payments Market, January 2023
6.2. Brazil
Overview of Real-Time Payment System PIX, January 2023
Share of Adults Who Made or Received a PIX Transaction, in %, February 2022
Breakdown of Transaction Volume, by Payments Instrument, in % of Total Payment Transaction Volume, 2022 vs 2027f
6.3. Mexico
Overview of Real-Time Payments Market, January 2023
Number of Real-Time Transfers via SPEI, by Amount, in millions, September 2021-August 2022
Share of Spending Value, by Payments Instrument, in % of Total Payment Spending Value, 2022 vs 2027f
6.4. Colombia
Overview of Real-Time Payments Market, January 2023
Total Number of Real-Time Transactions, in millions, 2022 & 2027f
6.5. Chile
Total Number of Real-Time Transactions, in billions, 2022 & 2027f
6.6. Peru
Overview of Real-Time Payments Market, January 2023
Breakdown of Spending Value, by Payments Instrument, in % of Total Payment Spending Value, 2022 vs 2027f
7. Middle East
7.1. Saudi Arabia
Total Number of Real-Time Transactions, in billions, 2022 & 2027f
Breakdown of Transaction Volume, by Payments Instrument, in % of Total Payment Transaction Volume, 2022 vs 2027f
7.2. UAE
Overview of Real-Time Payment Market, January 2023
Total Number of Real-Time Transactions, in millions, 2022 & 2027f
7.3. Jordan
Overview of Real-Time Payment Market, January 2023
7.4. Bahrain
Overview of Real-Time Payment Market, January 2023
Volume of Real-Time Payment Transactions Made via Electronic Fund Transfer System (EFTS), in millions, & Year-on-Year Growth Rate, in %, H1 2021 vs H1 2022
Value of Real-Time Payment Transactions Made via Fawri, in BHD billion, & Year-on-Year Growth Rate, in %, H1 2021 vs H1 2022
7.5. Oman
Overview of Real-Time Payment Market, January 2023
7.6. Egypt
Total Monthly Volume & Value of Payments in Real Time Gross Settlement (RTGS) System, in EGP billion, & Month-On-Month and Year-On-Year Growth Rate, in %, January 2022 – December 2022
8. Africa
8.1. South Africa
Overview of Southern African Development Community Real-Time Gross Settlement System (SADC-RTGS), January 2023
Total Number of Real-Time Transactions, in millions, 2022 & 2027f
Breakdown of Spending Value, by Payments Instrument, in % of Total Payment Spending Value, 2022 vs 2027f
8.2. Nigeria
Volume of E-Payment Transactions Made via NIBSS Instant Payment Platform (NIP), in billions, & Year-on-Year Growth Rate, in %, January-July 2021 vs January-July 2022
Value of E-Payment Transactions Made via NIBSS Instant Payment Platform (NIP), in NGN trillion, & Year-on-Year Growth Rate, in %, January-July 2021 vs January-July 2022
8.3. Kenya
Total Number of Real-Time Transactions, in billions, 2022 & 2027f
8.4. Ghana
Overview of GhIPSS Instant Pay (GIP), January 2023