Annual number of real-time payments in Sweden in 2022, with a 2027 forecast
Real-time payments in Sweden are expected to double between 2022 and 2027, as the country joined the P27 initiative in the Nordics. Approximately a quarter of the overall payments mix in the country - including both cash and cashless - is anticipated to be an instant payment by 2027. The source adds this equals a CAGR of 15.6 percent between the five years under consideration. The source names P27 - a cross-border infrastructure between Sweden, Denmark, and Finland that involves instant payments - as something that could help push usage of real-time payments in Sweden.