Across the world, real-time or ‘immediate payments’ (IP) is on the rise – and in many geographies, transaction volumes are set to accelerate rapidly.
It’s not hard to understand why the world is racing towards real-time. From central banks and governments to billers, fintechs and individual citizens, everybody in the payments ecosystem stands to benefit from IP in some way. Yet before these benefits can be felt by all, there’s work to be done – whether that’s updating central infrastructure, ensuring access to new payment types or shifting the dial on common payment behaviors.
If you’re an interested party, how should you respond? To truly capitalize on the opportunity of IP, everybody involved in their nation’s payments ecosystem must follow its development and start planning for the future accordingly. The best way to do that successfully is with the relevant data at your fingertips.
That’s why, in 2020, ACI Worldwide partnered with GlobalData to analyze IP adoption trends from a sample of 30 global markets. You can learn more about our data sources and the authors of this research in the full report.
This has enabled us to build a comprehensive understanding of current IP landscapes and discover some common indicators of IP success. We’ve also established which markets are on a rapid upward trajectory, which markets are presently inhibited by certain factors, and crucially, what different geographies need to do to unleash the potential of IP. You can explore your region of interest now — along with plenty of extra insight for you to download and digest.