Real-Time Payments Market Share

APAC Market Forecasts

The real-time payments market in the Asia Pacific region is estimated to hold the largest market share of 34% in the projection period. Estimates of real-time transaction growth in emerging markets led and outpaced by countries such as India, will be essential for advancing the business. Real-time payment systems are made available to businesses and customers all over the world, and this promotes wealth and economic expansion. Indians may now swiftly transfer money from one bank account to another, whether it's between people or between customers and businesses, thanks to the United Payments Interface (UPI), which has completely changed the way they make payments in India. Indian customers in the Asia-Pacific region are mostly inclined to utilize new electronic payments, with 93% likely to have done so in the previous year, recorded as per a report.

North America Market Statistics

The North America market for real-time payment is anticipated to grow substantially by the end of the assessment time. Some of the major players in the world market are present in this region. The number of cross-border payments is expected to increase with the increasing numbers of immigrants in North American countries such as the United States and Canada, which are estimated to support market growth.