The year 2020 moved the value of fast and contactless payments into the zeitgeist, accelerated new real-time payments use cases and overlay services like request to pay (R2P), and evolved capabilities like real-time cross-border payments.
It’s been a game-changing year that’s swiftly redefined the financial future.
Find out how in the 7th edition of FIS' global real-time payment trends report, Flavors of Fast, featuring exclusive interviews, industry insights and expert commentary you won’t find anywhere else.
Fifty-six countries now have a live real-time payments scheme, compared to 14 just six years ago. In one year, six countries more than doubled their real-time payments volume and four more than doubled the value transacted on their real-time payment systems.
The U.S. focuses on real-time connectivity via core providers. Real-time transactions increase by nearly 50 percent in Brazil and Mexico.Learn more
Hungary launches its real-time scheme and EBA Clearing R2P will soon go live.Learn more
Vietnam’s real-time payments launch, three countries announce a cross-border payments initiative and India announces its New Umbrella Entity (NUE).Learn more
See how Raja Gopalakrishnan, FIS’ executive vice president, global real-time payments says faster payments will evolve to impact the broader ecosystem and what payment providers should do to embrace the opportunities they offer.
FIS' Andrew Hewitt explains what elements are driving the increased activity on real-time infrastructures.