US Real-Time Payments Transactions Expected to Quadruple by 2027

The Real-Time Payments World Map

With the RTP® network surpassing 500 million payments and the new FedNow® Service instant payment rail starting, real-time payments in the U.S. have reached an all-time high — and are on track for exponential growth by 2027. In this month’s “Real-Time Payments World Map,” a collaboration with The Clearing House, PYMNTS Intelligence explores the real-time payments scene both here and across the globe, highlighting the key players leading the charge in transforming the way the world transacts.

Inside the November Tracker

Real-time transactions are projected to encompass nearly 28% of all electronic transactions globally by 2027.
The pandemic was a game-changer for real-time payments, especially in countries like India and China.
Today, 56 countries provide some form of real-time payments scheme.