Real-time payments (RTP) transactions in 44 territories in 2022, with a 2027 forecast
The two countries with the highest number of instant payments are expected to continue to grow fast, while the United States will make up for lost ground. A forecast of real-time payments in various countries across the world reveals this development. Real-time payments, or RTP, are especially common in Asia-Pacific in 2022, with transactions in India being almost five times higher as in China. North America and Europe have their own systems – Faster Payments in the UK and FedNow in the United States are notable examples – but these systems are used for interbank payments, and do not yet see consumer use. This is different from India and Brazil, as UPI and Pix were developed with consumers in mind.
