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.
Number of real-time payments (RTP) transactions in 58 countries and territories worldwide in 2022 and 2023, with a forecast for 2027
Characteristic
Transaction count (in millions) - 2023 (Release date: Nov 2024)
Transaction count (in millions) - 2022 (Release date: Nov 2023)
Transaction count (in millions) - 2027 (Release date: Nov 2023)
The source does not clarify whether methodology changed between its 2023 and 2024 releases or explain why figures for certain countries changed heavily; The source did not provide figures for all countries or territories worldwide. Notable exclusions, for example, are Canada and Vietnam.
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PYMNTS, & Statista. (November 30, 2024). Number of real-time payments (RTP) transactions in 58 countries and territories worldwide in 2022 and 2023, with a forecast for 2027 [Graph]. In Statista. Retrieved February 08, 2025, from https://www.statista.com/statistics/1422323/real-time-payments-forecast-by-country/?__sso_cookie_checker=failed
PYMNTS, und Statista. "Number of real-time payments (RTP) transactions in 58 countries and territories worldwide in 2022 and 2023, with a forecast for 2027." Chart. November 30, 2024. Statista. Accessed February 08, 2025. https://www.statista.com/statistics/1422323/real-time-payments-forecast-by-country/?__sso_cookie_checker=failed
PYMNTS, Statista. (2024). Number of real-time payments (RTP) transactions in 58 countries and territories worldwide in 2022 and 2023, with a forecast for 2027. Statista. Statista Inc.. Accessed: February 08, 2025. https://www.statista.com/statistics/1422323/real-time-payments-forecast-by-country/?__sso_cookie_checker=failed
PYMNTS, and Statista. "Number of Real-time Payments (Rtp) Transactions in 58 Countries and Territories Worldwide in 2022 and 2023, with a Forecast for 2027." Statista, Statista Inc., 30 Nov 2024, https://www.statista.com/statistics/1422323/real-time-payments-forecast-by-country/?__sso_cookie_checker=failed
PYMNTS & Statista, Number of real-time payments (RTP) transactions in 58 countries and territories worldwide in 2022 and 2023, with a forecast for 2027 Statista, https://www.statista.com/statistics/1422323/real-time-payments-forecast-by-country/?__sso_cookie_checker=failed (last visited February 08, 2025)
Number of real-time payments (RTP) transactions in 58 countries and territories worldwide in 2022 and 2023, with a forecast for 2027 [Graph], PYMNTS, & Statista, November 30, 2024. [Online]. Available: https://www.statista.com/statistics/1422323/real-time-payments-forecast-by-country/?__sso_cookie_checker=failed
