the frictionless future of real-time payments · the frictionless future of real-time payments...

Post on 30-May-2020

7 Views

Category:

Documents

0 Downloads

Preview:

Click to see full reader

TRANSCRIPT

INSTANT PAYMENT SERVICE

The frictionless futureof real-time payments

Real-time payments become the norm

To continue to reduce friction in payments we need to go beyond speed

We’re deploying functionally rich real-time payments services across the globe

The frictionless future of real-time payments is here. Join the conversation.

P27 in the Nordics will see the world’s first multi-country, shared payments platform, delivered by Mastercard

1973

1980s

Today

Japan launches 1st quasi real-time payments system

Real-time payments adoption starts to accelerate globally

*Fis Flavors of Fast 2018; **Bank of Thailand; ***McKinsey Global Payments 2018; †Internal estimates ††Global Industry Analysts Inc: Push Towards Cashless Society, Jan 2019; †††Excludes Saudi Arabia; §International Monetary Fund

2008 UK Faster Payments launches, revolutionising banking in Britain*

2000s

70+ 87% 67% 2x

Regional hubs in development†††

Existing

2017 PromptPay Thailand launches, contributing towards 83% rise in digital payments**

2014 Singapore FAST launches

to keep pace with business & consumer needs

2017 Real Time Payments

launches in the USA, its 1st major payments

infrastructure in 40+ years

countries have or are implementing

real-time payments†

of the world’s GDP is in markets

with real-time payments†

Rich data & interoperability

33+

Commerce anywhere

30%

‘Request to pay’ revolution

27.7breal-time payments

systems built on ISO 20022

of global digital commerce volume in 2017

is via mobile app***

B2C electronic bills forecast to be

generated by 2024††

of the world’s population has

access to real-time payments†

transaction volumes have doubled in the

last year†

32%of the world’s

GDP§

7new countries signed in the

last 12 months

11markets across

the globe

671mtotal

population§

428m Potential to

reach to 428m account holders†

#FrictionlessFutureofPayments

top related