Real Time Payments Industry Statistics

The Real Time Payments industry is poised for tremendous growth, with a projected compound annual growth rate (CAGR) of over 30% in the next few years.

Statistic 1

"As reported in 2020, 56 major global markets have implemented real-time payment systems."

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Statistic 2

"By 2025, the global real-time payments market size is projected to reach $39.02 billion."

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Statistic 3

"In India alone, 41% percent of total payment transactions were real-time in 2019."

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Statistic 4

"In Australia, 91% of the bank accounts are connected to the country's New Payment Platform, a real-time payment platform."

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Statistic 5

"Use of real-time payments in the US surged by 41% in the second quarter of 2020 due to the pandemic."

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Statistic 6

"In 2020, 82% of consumers in the US expressed a preference for real-time payments."

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Statistic 7

"By 2024, 50% of global transactions could be made with real-time payment systems, due to FinTech and regulatory initiatives."

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Statistic 8

"A 2018 survey revealed that more than 80% of businesses want banks to demonstrate more leadership in real-time payments."

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Statistic 9

"Global real-time payments transactions are expected to surge to 70.4 billion by 2022."

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Statistic 10

"Banks could lose $88 billion, or 15% of their global payments revenues, by 2025 due to real-time payments and non-traditional services."

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Statistic 11

"Mobile wallet transactions could reach $13.98 trillion by 2022, driven by real-time payments."

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Statistic 12

"90% of real-time payments are initiated from a mobile device, according to a 2020 Accenture study."

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Statistic 13

"37% of organizations already use real-time payments, and a further 57% plan to implement it in the future."

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Statistic 14

"Real-time payments have grown by over 100% per year in the USA, reaching two billion transactions in 2018."

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Statistic 15

"Real-time payments (RTP) in the U.S surpassed $1 trillion in value in 2020."

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Statistic 16

"Nearly 50% of companies say they would be willing to switch to a bank that offers real-time payments."

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Statistic 17

"In 2018, the Asia-Pacific region dominated the global real-time payments market with a revenue of $2.4 billion."

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