Real-Time Payments Market (Updated Version Available)

Real-Time Payments Market Overview

Real-Time Payments market size was worth USD 19.9 Billion in 2022, witnessing a CAGR of 30.8% during the forecast period (2022-2030), and the market is expected to hit a valuation of around USD 170.5 Billion by 2030.

Real-time payments (RTP) are payments that begin and end instantaneously. Real-time payments refer to the digital infrastructure that enables real-time payments. Real-time payment networks should ideally be accessible 24 hours a day, seven days a week, which means they are always ready to handle transactions. This includes weekends and holidays. Real-time payments have various advantages. They are rapid, which is the first point, because instantaneous settlement funds may be retrieved immediately. Instant access might be a game changer for consumers or businesses who need money right immediately. Another advantage of real-time payments is end-to-end communication.

Report Attributes	Report Details
Study Timeline	2018-2030
Market Size in 2030 (USD Billion)	170.5 Billion
CAGR (2022-2030)	30.8%
By Type	P2B, B2B, P2P, Others
By Component	Solutions (Payment Gateway, Payment Processing, Security & Fraud Management, Advisory), Services (Integration & Implementation Services, Managed Services, Services).
By Deployment	Cloud, On-premise
By Enterprise Size	Large Enterprises, Small & Medium Enterprises
By End-use	Retail & E-commerce, BFSI, IT & Telecom, Travel & Tourism, Government, Healthcare, Energy & Utilities
By Geography	Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia] Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America [United States, Canada, Mexico] Middle East & Africa [GCC, North Africa, South Africa] South America [Brazil, Argentina, Columbia, Chile, Peru]
Key Players	ACI Worldwide, Inc., Cognizant, FIS Inc., Financial Software & Systems Pvt. Ltd., Finastra, Fiserv, Inc., Mastercard, Inc., Microsoft Corporation, Mindgate Solutions Private Limited, Montran Corp., PayPal Holdings, Inc., TCS, Temenos AG, Visa Inc., Volante Technologies Inc., Sila, Rapyd

Request Free Sample

We have conducted a 360-degree analysis of the Real-Time Payments market. Approaches for both primary and secondary research. As a result, we were better able to comprehend current market dynamics, the supply-demand imbalance, pricing trends, product preferences, customer behaviours, and other factors. Primary research was used to further validate the findings with industry professionals and opinion leaders from other nations. Through a variety of market estimation and data validation procedures, the data is further collated and validated. Additionally, we have a model for internally generated data that forecasts market growth until 2030.

Real-Time Payments Market Segmentation Analysis:-



By Type:

• P2B
• B2B
• P2P
• Others

By Component:

• Solutions
• Payment Gateway
• Payment Processing
• Security & Fraud Management
• Advisory Services
• Integration & Implementation Services
• Managed Services
• Services

By Deployment:

• Cloud
• On-premise

By Enterprise Size:

• Large Enterprises
• Small & Medium Enterprises

By End-use:

• Retail & E-commerce
• BFSI
• IT & Telecom
• Travel & Tourism
• Government
• Healthcare
• Energy & Utilities

Global Real-Time Payments Market Competitive Landscape:

The market research report on the Real-Time Payments market comprises the compilation of quantitative and qualitative evaluations of the industry position. Additionally, the in-detailed analysis of the market trends adopted by the industry players and the macroeconomic indicators influencing the value chain of businesses provide a complete outlook of market circumstances. Thus, mentioned are the major industry players that make up the consolidated market concentration–

• ACI Worldwide, Inc.
• Cognizant, FIS Inc.
• Financial Software & Systems Pvt. Ltd.
• Finastra, Fiserv, Inc.
• Mastercard, Inc.
• Microsoft Corporation
• Mindgate Solutions Private Limited
• Montran Corp.
• PayPal Holdings, Inc.
• TCS
• Temenos AG
• Visa Inc.
• Volante Technologies Inc.
• Sila
• Rapyd

With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and an all-encompassing picture of the market conditions in the projected period, the Real-Time Payments Market Research Report keeps a close eye on the leading competitors. It is an expertly written, in-depth study that emphasises key and secondary drivers, market share, top categories, and regional analysis. The paper also examines prominent actors, significant partnerships, mergers, and acquisitions, as well as popular innovations and business practises.

Overview of the market for Real-Time Payments by region:



The market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa based on region (MEA). The North American continent is further divided into nations like the United States and Canada. Europe is further divided into the United Kingdom, France, Germany, Italy, Spain, Russia, and the Rest of Europe. China, Japan, South Korea, India, Australia, South East Asia, and the rest of Asia Pacific make up the subregion of Asia Pacific. The MEA region is further separated into GCC, Turkey, South Africa, and Rest of MEA. The Latin America region is further divided into Brazil, Mexico, and Rest of Latin America.