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