Overall real-time transaction volumes around the world grew 63.2% in 2022 to reach a new high of 195.0Bi transactions and are forecasted to reach 511.7B by 2027. By 2027, Bahrain a country of just 1.5 million people is forecasted to have the highest level of real-time payments consumer adoption, with 83.3 real-time transactions per head per month (TPHM).
The world’s major economies have rarely extended the use of real-time payments beyond peer-to-peer credit transfers. The good news for these major economies: the TPHM achieved by our global top 10 illustrates the scale of potential growth they can still unlock.