Real-Time Payments Market Detailed Analysis and Forecast to 2027
Real-Time Payments Market To
Reach USD 55.69 Billion By 2026
| FIS, ACI Worldwide,
Mastercard, Fiserv, PayPal
www.reportsanddat
a.com
Market Summary
The growing adoption of smartphones, coupled
with the increasing penetration of internet, is
propelling the growth of the Real-Time Payments
market.
Market Size – USD 6.87 Billion in 2018, Market
Growth - CAGR of 29.8%, Market Trends – Booming
retail and e-commerce industry.
M a Orkuetr S Aumpmparroyach
The global real-time payments market is forecast to reach USD 55.69 Billion by 2026, according to a new report by
Reports and Data. Real-time payments help businesses trim their expenses by reducing the use of checks and other
expensive payment methods. Real-time payment services enable companies to modernize their accounts
receivable processes as they provide the information required to link invoices with payments in real-time.
The information provided by real-time payment services can reduce the efforts involved in investigating exceptions
and checking the status of the payment, as these systems support two-way communications between payers and
the payees. Faster payment systems are expected to relay more information than traditional methods allow. Real-
time systems can be expected to provide valuable information that flows with the payment transactions, allowing
businesses to attain abilities in straight-through processing, achieve a better view of cash flows, and enable more
informed operational decision-making.
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M a r kOeut Sru Ampmparyoach
Further key findings from the report suggest
• Among the payment types, the customer-to-business (C2B) accounted for the largest market share
of ~32% in the year 2018. The growing retail and e-commerce industry is a significant factor
contributing to the growth. The penetration of the internet and smartphones will also drive the
segment in the coming years. Moreover, the growing population and their increasing disposable
incomes will increase the demand for digital commerce globally.
• The peer-to-peer (P2P) is forecasted to witness the highest growth rate of 9% during the forecast
period. The growing number of customers making payments through digital applications is
contributing to growth. The popularity of UPI payments and the increasing number of companies in
the market will further boost a wide acceptance of real-time digital payment services.
• Among the payment modes, net banking accounted for the largest market share of ~27% in the year
2018. The growing acceptance of smartphones, the internet, and advanced technologies in the
industry is a significant factor boosting the segment. Customers are aware of these technologies
and find them convenient to go cashless.
To identify the key trends in the industry, click on the link below @
https://www.reportsanddata.com/report-detail/real-time-payments-market
M a r kOeut Sru Ampmparyoach
Key participants : FIS, ACI Worldwide, Mastercard, Fiserv, PayPal, Worldline, Apple, Visa, INTELLIGENT
PAYMENTS, Ant Financial, Wirecard, Temenos, Capgemini, Global Payments, SIA, IntegraPay, Ripple,
Obopay, Finastra, Pelican, FSS, Nets, REPAY, Montran, and Icon Solutions, among others.
For the purpose of this report, Reports and Data have segmented into the global Real-Time Payments
market on the basis of Payment Type, Payment Mode, organization size, deployment mode, industry
vertical, and region:
Payment Type Outlook (Revenue, USD Billion; 2016-2026)
Peer-to-Peer (P2P)
Customer-to-Business (C2B)
Business-to-Customer (B2C)
Business-to-Business (B2B)
Others
M a rOkeut rSu Ampmparyoach
Organization Size Outlook (Revenue, USD Billion; 2016-2026)
Small and Medium-Sized Enterprise
Large Enterprises
Industry Vertical Outlook (Revenue, USD Billion; 2016-2026)
Media And Entertainment
Hospitality And Tourism
Retail And E-Commerce
IT And Telecommunication
Banking, Financial Services, And Insurance (BFSI)
Others
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About Us
A b oOuutr U Aspproach
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