GlobalData：2023年全球?qū)崟r支付報告

IT’S

PRIMETIME

FOR

REAL-TIME

1

2

Contents

Introduction

ExecutiveSummary

Real-TimePaymentTransactionsperMonth

GlobalTopTen

AsiaPacific

Europe

MiddleEast,AfricaandSouthAsia

LatinAmerica

NorthAmerica

GlobalReal-TimePaymentsAdoption

3

5

7

7

8

9

10

11

11

12

CountryInsights

14

AsiaPacific

14

Europe26

MiddleEast,AfricaandSouthAsia47

LatinAmerica

58

NorthAmerica64

Introduction

TheNextPhaseofReal-TimePaymentsGrowthIsHere

Real-timepaymentsareattheheartoftherapidlyevolvingpaymentsecosystem.Today,mostmajormarketseither

alreadyhavereal-timepaymentschemesinplaceorindevelopmentasgovernmentsseektounlockthe

economicbenefitsofmoreefficientpayments,andthegrowthofreal-timepaymentsisacceleratingacrosstheglobe.

Thenumbersspeakforthemselves.Overallreal-time

transactionvolumesaroundtheworldgrew63.2%in2022toreachanewhighof195.0Bitransactionsandare

forecastedtoreach511.7Bby2027,representinga

compoundannualgrowthrateof21.3%.By2027,real-time

paymentsareexpectedtoaccountfor27.8%ofallelectronicpaymentsglobally,upfrom18%in2022.

Real-timepaymentsarethebackboneofmodern

economies.Thosewhohaveimplementedreal-time

paymentshaveprofoundlychangedthewayconsumers,businessesandgovernmentsmakeandreceivepaymentsandconducttheirfinancialaffairs.Governmentsthat

facilitateanddrivereal-timeadoptionshowthehighestgrowthratesofreal-timepayments—aswellastheireconomies.

ACIWorldwideispleasedtopresentthefourtheditionofourPrimeTimeforReal-Timereport,thedefinitiveviewofreal-timepayments.InpartnershipwithGlobalData,weareproudtoprovidecriticalinsightsintothefactorsthatcontinuetodriveadoptionofreal-timepaymentsin52

countriesandthesignificantbenefitsthatreal-timepaymentsbringtoglobaleconomies.

Newreal-timepaymentplayersareleadingthecharge

PreviousinstallmentsofACI’sannualPrimeTimefor

Real-Timereporttrackedtheproliferationofreal-time

paymentsaroundtheworldbymeasuringtransaction

volumesacrosskeyglobalmarkets.Lastyear,thereportexploredtheeconomicimpactofreal-timepayments,

revealingforthefirsttimehowreal-timepaymentsboosteconomicgrowth,prosperityandfinancialinclusion.

Asreal-timepaymentsenteranewphaseofgrowthin

2023,we’retakingacloserlookatconsumeradoptionin

themarketsthathavefoundtherightformulatodrive

widespreadconsumer,merchantandcorporateadoptionbycombiningstronggovernmentmandatesor

industry-levelcollaborationwithcompellingusecases,

fromin-storeandonlineQR-codepaymentstoRequesttoPayandbillpayments.

By2027,Bahrain—acountryofjust1.5millionpeople—isforecastedtohavethehighestlevelofreal-timepaymentsconsumeradoption,with83.3real-timetransactionsperheadpermonth(TPHM)comparedto23in2022,taking

thetopspotfromThailandandkeepingBrazilinsecond

place—bothsignificantlylargereconomies.

ThelargerWesterneconomiesincludedinthisyear’s

reporthaveseenlowerlevelsofconsumeradoption,bothgloballyandwithintheirregions.TheU.K.,Canada,

Germany,theU.S.,ItalyandFrance—alltop10global

economiesbyGDPii—placed9th,19th,29th,33rd,36thand41st,respectively,forTPHMin2022.InourGlobalTop10:ConsumerAdoptionofReal-Time,weinsteadfind

smallerEuropeannations(Sweden,Denmarkandthe

Netherlands)andfourmarketsinAsia(Thailand,the

RepublicofKorea,IndiaandMalaysia).

Theworld’smajoreconomieshaverarelyextendedtheuseofreal-timepaymentsbeyondpeer-to-peercredit

transfers.Thegoodnewsforthesemajoreconomies:theTPHMachievedbyourglobaltop10illustratesthescaleofpotentialgrowththeycanstillunlock.

Diversefactorsaredrivingconsumeradoption

Consumersandbusinessesaroundtheworldarehungryforcheaper,fasterandmoreefficientwaystopay.

Paymentsareincreasinglybecomingembedded,with

today’scustomerslookingforahyper-connected,

frictionlesscustomerexperience.Asmoreconsumers

aroundtheworldexpecttomakeandreceivepaymentsfarmoresafelyandatminimalcost,governments,banks

andmerchantsaimtomaximizeadoptionbylaunchingorfine-tuningsophisticatedvalue-addedusecasesontopofreal-timepaymentrails.

3

4

Thisyear’sPrimeTimeforReal-Timereportuncoveredthreeprimarydriversforconsumeradoption:

.Astrongbrandidentityaroundreal-timepaymentsandcompellingusecasestargetedatovercomingthe

ingrainedpaymenthabitsofthegeneralpopulation.

.Merchantacceptance.Merchantshavemany

incentivestoacceptreal-timepayments,fromgreaterliquiditytosubstantialcostsavingstoreducedriskof

fraud.

.Governmentimplementationiskey.Incountrieswheregovernmentsmakeandacceptreal-timepayments—

suchaswhendisbursingbenefitsorcollectingtaxes—weseemuchhighervolumesandacceleratedconsumeradoption.

Governmentinterventionsareontherise

Banks,governmentsandregulatorsaimtomaximizeadoptionbylaunchingorfine-tuningsophisticated

value-addedusecasestorunonreal-timepaymentrails.

Inmarketswhereconsumeradoptionislower,

governmentsandregulatorsarelearningfromreal-time

paymentsuccessstorieslikeBrazil,wherethegovernment

mandatedbankstoparticipateinthePIXreal-time

paymentsscheme.Thesegovernmentsandregulatorsseetheeconomicdynamismthatamodernpayments

ecosystembringsandarelookingtosparkadoptionintheircountriesthroughequivalentinterventions.

IntheU.S.,amarketwhereregulatorsstronglyfavor

non-intervention,theFederalReserveislaunchingits

highlyanticipatedFedNowsysteminJuly2023toexpandreal-timeaccessintheU.S.—ahighlysignificant

milestoneforreal-time.ThroughouttheMiddleEastandAsia,governmentsarealsorollingoutnewmandatesandregulationstoboosttheadoptionofreal-time.

Whatbankscandonext

Banksinmarketsthatstillhaveastrongopportunityfor

real-timepaymentsgrowthshouldusethisreporttobetterunderstandtheroleofreal-timepaymentsinmodern

economies,todayandinthefuture.

Forecastsindicatecontinuedgrowthincardtransactions

inthelong-term,andinseveralyears’time,theywillstill

makeupthevastmajorityofelectronicpaymentsinmostcountries.iiiWhiletheyunderstandthestayingpowerof

creditcards,governmentsappearmorecommittedthan

evertomakingreal-timepaymentstheheartoftheirfutureeconomicstrategies.

DebbieGuerra

ChiefProductOfficer

ACIWorldwide

Atthetimeofwriting,theEUCommissionhasproposed

newlegislationmandatingbanksinmemberstatestooffer

instantpaymentsatthesameorlowercostthanstandard

credittransfers.Suchalawcouldbehighlydisruptiveina

marketwherechargesofuptoEUR1.50arecommonfor

instantpaymentsandcouldhelpdrivemoreusecasesfor

customerstouseinstantpayments.

iGlobalData

ii

/indicator/NY.GDP.MKTP.CD?most

_recent_value_desc=true

iiiGlobalData

Othercountriesare

takingnoticeofthese

successstories.Thereislikelyto

becontinuedpressurefrom

governmentsandregulatorsto

adoptreal-timepayments—in

manymarketsandregions,they

aretakingstepstodrivegreater

adoptionofreal-timepayments,

becausetheyseethemasapath

todriveeconomicgrowth.Our

reportshowsthatgovernment

mandatesandincentivesarekey

forsuccessfulreal-time

transformationofpayment

ecosystems.

Real-timepayments

areenteringanewphaseofgrowth.Consumeradoptionisontherise,asmanycountries

havelaunchedsuccessful

overlayorRequesttoPay

services,drivingreal-time

volumegrowthtorecordhighs,withIndia,BrazilandBahrain

takingthelead.Successful

real-timeservicesarereaching

ubiquityandhaveprofoundly

changedthewayconsumers,

businessesandgovernments

makeandreceivepaymentsandconducttheirfinancialaffairs.

Real-timepaymentsare

partofthedigital

propositionofmodernfinancialinstitutions—theysecure

competitivenessandincrease

customerstickiness.Thatmeans

banksneedtomakethemost

efficientuseoftheirreal-time

railstoavoidfallingbehindanycompetitorsthatdoadopt

real-timepaymentsand

subsequentlyreapthebenefits.

Targetedusecases

driveconsumer

adoption,withconsumersandbusinessesaroundtheworld

hungryforcheaper,fasterandmoreefficientwaystopay.

Merchantadoptionand

acceptanceofreal-time

paymentsisontherise,asmoremerchantsrealizethatreal-time

paymentscreatesignificant

efficiencies.

4

3

2

1

2027

PaymentTransactions

PaymentsWillAccount

511.77f

195.0Btransactions

2022

CAGRof21.3%

between2022and2027

YoYgrowthof63.2%

iMarketsGlobally

TOPFiveReal-Timepaym

Payment

Brazil

China

India

89.5B

YoYgrowth

SouthKorea

2

2

8.0B

16.5B

Real-TimePaymentTransactions

Real-TimePaymentTransactions

9.6%

2021-2022

2021-2022

3.

YoYgrowth

YoYgrowth

5

2022)

2022

B

Real-TimePaymentTransactions

2021-2022

Real-TimePaymentTransactions

76.81-2022

228.9

%

YoYgrowth

Thailand

0.9%

YoYgrowth

17.62)

Real-TimePaymentTransactions

2021-2022

29.2

ExecutiveSummary

TheNextPhaseofReal-TimePaymentsGrowthIsHere

Governmentinterventionandvalue-addedusecasesdrivingadoptionworldwide

GlobalReal-Time

GlobalForecast

By2027,Real-Time

27.8%ofallelectronic

paymentsglobally

IndiaandBrazilAretheu1

India

entLeaders

UndisputedPayment

Brazil

wasthethirdfastestgrowingreal-timepaymentsmarketin2022,withaYoYgrowthof

228.9%

accountedfor

accountedfor

15%

22

2022

%ofallreal-time

transactionsworldwidein2022

ofallreal-time

transactionsgloballyin2022

MiddleEast,AfricaandSouthAsiaisthetopregionforreal-timepaymentsvolumeandshareofelectronicpaymentsdue

GlobalTop10:

FraudIncidenceRate

Newtypesoffraudsuchasconfidencetricksareontherise,whileidentitytheft

andcarddetailstheftaredeclining.

Confidencetricks:GlobalAverage26.9%

Identitytheft:GlobalAverage11.6%

Carddetailstheft:GlobalAverage26.3%

2022

1

2

3

4

5

6

7

8

9

10

India

Nigeria

SaudiArabia

U.S.

Australia

Thailand

Singapore

Canada

NewZealand

Ireland

44.6%

40.4%

33.2%

30.7%

28.1%

25.7%

25.3%

24.6%

24.4%

24.3%

GlobalTop10:ConsumerAdoptionofReal-Time

Rapidconsumeradoptionincountries

likeBahrain,BrazilandThailand

illustratesthespeedwithwhich

adoptioncantakeoff.

Real-timepaymenttransactionspermonthperheadofpopulation(age+15)

Forecast2027

2022

1

2

3

4

5

6

7

8

9

10

Thailand

Vietnam

India

HongKong

Philippines

Malaysia

China

Indonesia

SaudiArabia

Taiwan

92%

91%

90%

89%

88%

86%

84%

82%

80%

78%

RegionalComparison,2022-2027

46

Brazil

toIndiaspecifically.LatinAmericaisthetopgrowthmarketowingtoBrazil,pluscountrieslikePeru,ArgentinaandColombiathatareamongthetop10growthmarketsglobally.

REGION

2022

2027

CAGR

(2022-2027)

Real-TimePaymentsVolume(billions)

Real-TimePaymentsShare

ofElectronicPayments

Total(%)

Real-TimePaymentsVolume(billions)

Real-TimePaymentsShare

ofElectronicPayments

Total(%)

MiddleEast,AfricaandSouthAsia

95.7

72.2%

249.8

79.3%

21.2%

AsiaPacific

49.2

11%

96.2

12%

14.1%

LatinAmerica

33.0

33%

119.5

56%

29.3%

Europe

13.2

7%

34.2

13%

21%

NorthAmerica

3.9

2%

13.0

5%

27.3%

GlobalTop10:

MobileWalletAdoption

Mobilewalletsareparticularly

popularinAsiaandtheMiddleEast,asourleaguetableshows.

Mobilewalletusers

(%ofsurveysample)

1

Bahrain

83.3

2

Brazil

51.8

3

Thailand

43.6

4

SouthKorea

21.9

5

Netherlands

21.7

6

Sweden

18.9

7

India

18.2

8

Denmark

15.5

9

Finland

15.2

10

HongKong

15.0

6

7

GlobalRanking2027

Global

Ranking

Global

Ranking

Country

Bahrain

TPHM

83.3

Brazil

51.8

Thailand

43.6

SouthKorea

21.9

Netherlands

21.7

Sweden

18.9

India

18.2

Denmark

15.5

Finland

15.2

1

1

2

2

3

3

4

4

5

5

6

6

7

7

8

8

9

9

10

10

Real-TimePaymentTransactionsperMonth

Byheadofpopulationover15yearsold

Theleaguetablesonthefollowingpageshighlightthelevelofconsumeradoptionofreal-timepaymentsgloballyandacrossdifferentregions.OurGlobalTop10for2022and

2027showthepositiveimpactonreal-timepayments

adoptionofstronggovernmentmandatesandconcertedindustrycollaboration,widespreadmerchantadoption,

strongbrandrecognitionforaschemeorrelateddigital

wallets,andmobile-firstexperiences.Manymarkets,suchasBahrain,BrazilandThailandarerelativelyrecent

enablersofreal-timepayments,illustratingthespeedwithwhichadoptioncanbecomewidespreadwhenconditionsareright.

GlobalTopTen:Real-TimePaymentTransactionsperHeadperMonth(TPHM)

GlobalRanking2022

Country

Thailand

TPHM

23.0

Bahrain

19.1

SouthKorea

14.7

Brazil

14.2

Sweden

9.5

Denmark

8.8

India

7.4

Netherlands

6.2

U.K.

5.9

HongKong15.0

5.3

Malaysia

Methodology

Adult(age15+)populationdatawastakenfromGlobalData’sMacroeconomicDatabase.Transactionsperheadwere

calculatedonanaveragebasis,withtotalnumberoftransactionsbeingdividedbythenumberofadultsover15foreach

countrytocalculateaveragereal-timepaymenttransactionsperyear,thendividedby12togetthemonthlyaveragedata.

8

Real-TimePaymentTransactionsperMonth

Byheadofpopulationover15yearsold

AsiaPacific:Real-TimePaymentTransactionsperHeadperMonth

2022

TPHM

RegionalRanking

GlobalCountry

Ranking

1

Thailand

23.0

1

3

SouthKorea

14.7

2

10

Malaysia

5.3

3

11

HongKong

5.2

4

13

Australia

5.0

5

14

Singapore

4.9

6

22

Taiwan

2.3

7

27

Japan

1.4

8

30

China

1.3

9

34

Philippines

0.7

10

43

Indonesia

0.2

11

52

NewZealand

-

12

2027

TPHM

RegionalRanking

GlobalCountry

Ranking

3

Thailand

43.6

1

4

SouthKorea

21.9

2

10

HongKong

15.0

3

13

Malaysia

12.3

4

15

Singapore

10.9

5

16

Australia

9.9

6

25

Taiwan

4.3

7

30

Indonesia

3.5

8

36

China

2.0

9

39

Japan

1.5

10

40

Philippines

1.4

11

52

NewZealand

-

12

Analysis

Acrosstheregion’stopfivemarketsbyTPHM,advanceduser-friendlyfeaturesarethenormforreal-timepayments,suchasQR-codepayments,mobile-nativeexperiencesandtheabilitytoregisterusingmultiplealiases,includingnationalID,phonenumberoremail.Itisalsocommontofindhugesupportfor,andinvestmentin,moderninfrastructurefromgovernmentsor

centralbanks.TheseconditionsadduptothefactthatontopofbeingthedefactostandardforP2Pmoneytransfersinthesenations,real-timepaymentsarealsowidelyusedbygovernment,businessesandmerchants.Severalcross-borderreal-timepaymentintegrationsarelivebetweentheASEANnationsandmoreareindevelopment.India,theworld’slargestreal-timepaymentsschemeintermsofvolumebysomemargin,isthirdbyTPHM.Thisillustrateshowmuchscalethereisstilltounlockinthisalreadyhugemarket.

2022

GlobalCountryRanking

Country

Netherlands

Sweden

Denmark

Finland

Switzerland

Norway

Belgium

U.K.

Austria

Turkey

CzechRepublic

Hungary

Spain

Croatia

Greece

Germany

France

Poland

Italy

Ireland

Portugal

TPHM

RegionalRanking

TPHM

Global

Ranking

5

6

8

9

11

12

14

17

19

20

21

22

24

28

29

34

35

37

42

44

49

RegionalRanking

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

21.719.015.515.214.412.611.29.08.57.05.95.04.83.93.83.02.02.01.31.0

0.7

9

Real-TimePaymentTransactionsperMonth

Byheadofpopulationover15yearsold

Europe:Real-TimePaymentTransactionsperHeadperMonth

2027

5

Sweden

9.5

1

6

Denmark

8.8

2

8

Netherlands

6.2

3

9

U.K.

5.9

4

15

Norway

4.5

5

16

Switzerland

4.2

6

18

Turkey

2.9

7

20

Finland

2.7

8

21

Austria

2.6

9

24

Hungary

2.2

10

25

CzechRepublic

1.8

11

26

Belgium

1.5

12

28

Spain

1.3

13

29

Germany

1.3

14

32

Greece

1.1

15

35

Poland

0.7

16

36

Italy

0.6

17

41

France

0.3

18

45

Portugal

0.1

19

49

Croatia

0.01

20

51

Ireland

-

21

Analysis

Unliketherestoftheeurozonewherereal-timepaymentsarechargedasapremiumserviceforselectcustomers,the

Netherlands’banksmakethemuniversallyavailableandfreetouse.Asaresult,marketpenetrationisalreadyhighand

expectedtogrowstronglyintheforecastedperiod.ThesameistrueintheNordiccountries,where,likeintheNetherlands,merchantacceptancein-storeandineCommercescenariosiswidespread.Governmentmandatesarerareintheregion,buttheEuropeanCommission’smotivationforproposingtomandatecheaper,moresecureandmoreaccessiblereal-timepaymentsisclear:thefourlargesteconomiesintheEU—Germany,France,ItalyandSpain—arenotfeaturedinthe

regionaltop10forreal-timepaymentsmarketpenetrationin2022or2027.

2

1

2

3

4

5

6

7

8

9

10

11

7

17

31

37

38

39

42

46

48

50

1

1

7

2

23

3

33

4

38

5

41

6

43

7

45

8

9

47

48

10

51

11

10

Real-TimePaymentTransactionsperMonth

Byheadofpopulationover15yearsold

MiddleEast,AfricaandSouthAsia:Real-TimePaymentTransactionsperHeadperMonth

2022

RegionalRanking

GlobalCountry

Ranking

Bahrain

19.1

India

7.4

Nigeria

3.3

SaudiArabia

1.1

SriLanka

0.5

U.A.E.

0.4

SouthAfrica

0.4

Oman

0.2

Pakistan

0.04

Kenya

0.03

Egypt

0.01

2027

TPHM

RegionalRanking

GlobalCountry

Ranking

Bahrain

83.3

India

18.2

Nigeria

5.0

SaudiArabia

3.2

U.A.E.

1.5

SriLanka

1.4

SouthAfrica

1.1

Egypt

1.0

Pakistan

0.8

Oman

0.8

Kenya

0.1

Analysis

Bahrainisreapingtherewardsofcentralbankmandatesandthewaivingoffeesuptoacertainthreshold,whichhavecontributedtoasuddenuptakeofthesuperapp-likeBenefitPay,whichsupportscardsandA2Areal-timepayments.

Real-timepaymentshavepenetratedalllevelsoftheeconomy,includingsalarypayments,P2P,C2B,in-storeandonline

merchantpayments,billpaymentsandQR-codepayments.SaudiArabiaismakingafaststartthankstosimilarlystrong

governmentmandates,andU.A.E.willjointhemin2023withthelaunchofanewnationalscheme.Bothschemesare

relativelyadvancedcomparedtoothersintheregionandwillunderpinanewwaveofpaymentsmodernizationbuiltaround

value-addedservices.SaudiArabia’santicipatedlaunchofopenbankingregulationsinparticularwillbeanexcitingdevelopmentforthemarketandwillacceleratemerchantadoption.

11

Real-TimePaymentTransactionsperMonth

Byheadofpopulationover15yearsold

LatinAmerica:Real-TimePaymentTransactionsperHeadperMonth

2022

TPHM

RegionalRanking

GlobalCountry

Ranking

4

Brazil

14.2

1

12

Chile

5.2

2

23

Mexico

2.3

3

40

Peru

0.4

4

44

Argentina

0.1

5

47

Colombia

0.03

6

2022

TPHM

RegionalRanking

GlobalCountry

Ranking

2

Brazil

51.8

1

18

Chile

8.7

2

27

Mexico

3.9

3

32

Peru

3.2

4

46

Argentina

0.9

5

50

Colombia

0.2

6

Analysis

Brazil’srapidascensiontoglobalreal-timepaymentsleaderhascomeonthebackofPIX’ssupportforalltransactiontypes(P2P,P2B,B2P,P2G,G2P,B2GandG2P)andmultipleusecases.Theseinclude:merchantpayments,scheduledfuture

payments,RequesttoPay,billpaymentsandgovernmentpayments.Mexico,theLatAmregion’searliestadopterof

real-timepayments,continuestopoststeadygrowth.Whiletransactionsaremandatedtobefree,banksandfinancialinstitutionsarereluctanttopromotetheschemeanddevelopnewusecases,whichhasimpactedwideradoption.

Meanwhile,Chile’scentralbankistakinganactiveroletodriveinteroperabilitybetweendigitalpaymentmethodsandisworkingona“FintechLaw”tostimulateinnovationandacceleratefurtheradoption.

NorthAmerica:Real-TimePaymentTransactionsperHeadperMonth

2022

TPHM

RegionalRanking

GlobalCountry

Ranking

19

Canada

2.9

1

33

U.S.

0.9

2

2027

RegionalRanking

GlobalCountry

Ranking

26

Canada

4.0

1

31

U.S.

3.4

2

Analysis

Canada’sInteraceTransferservice—soontobereplacedbyInteracInstant—iseasilyaccessibleviaanaliassystembuilt

aroundemailaddressandmobilephonenumber,andthereisnear-100%participationfromthemarket’sfinancialinstitutions.

Itiswelladoptedamongconsumersasaresultandacceptanceamongsmallermerchantsiscommon.IntheU.S.,thegovernmentwillstepintotheinstantpaymentsspacein2023withFedNow,whichwillalsoprovidereal-timepayments

accesstosmallerbanksandisexpectedtosolveforlastmileconnectivitythatremainsachallenge.Itwillfeaturenew

servicessuchasRequestforPayfromdayoneandhasthepotentialtoeventuallymakereal-timepaymentsasubiquitousascards.IftheU.S.federalgovernmentbeginsusingFedNowtoissuepaymentsanddisbursements,thenitshouldimmediatelygeneratesubstantialvolumesforthenewschemeandhelptoencourageadoptionnationwide.ThatwouldmovetheneedleintheU.S.overall.

12

Planned

Live*

Planned*

Noschemeinplace*

Live

*Notincludedinreport

GlobalReal-TimePaymentsAdoption

NorthAmerica

CountryReal-TimePaymentsMethodStatusYear

CanadaInterace-TransferLive2002

CountryReal-TimePaymentsMethodStatusYear

U.S.RTPandZelleLive2017

FedNowPlanned2023

AsiaPacific

CountryReal-TimePaymentsMethodStatusYear

AustraliaNewPaymentsPlatform(NPP)Live2018

CambodiaReal-TimeFundTransfer(RFT)Live*2019

ChinaIBPSLive2010

HongKong

FasterPaymentSystem(FPS)

(SpecialAdministrativeRegion)

Live2018

IndonesiaBI-FASTLive2021

JapanZenginSystemLive1973

KazakhstanISMTPlanned*2025

MalaysiaDuitNowLive2018

InterbankFundsTransfer(IBFT)Live2006

Myanmar

Noschemeinplace

Planned*TBD

CountryReal-TimePaymentsMethodStatusYear

NewZealandNoschemein

place

PlannedTBD

PhilippinesInstaPayLive2018

SingaporeFASTLive2014

PayNowLive2017

SouthKoreaCD/ATMLive1988

ElectronicBankingSystem(EBS)Live2001

TaiwanFinancialXMLLive2003

InterbankATMfundstransfersystemLive1987

ThailandPromptPayLive2016

VietnamNAPASQuickMoneyTransferServiceLive*2016

13

Europe

CountryReal-TimePaymentsMethodStatusYear

AustriaSCTInstLive2017

AzerbaijanIPSLive*2020

BelgiumSCTInstLive2019

BulgariaBoricaInstantPaymentsLive*2021

CroatiaNKSInstLive2020

CzechRepublicInstantPaymentLive2018

DenmarkStraksclearingLive2014

EstoniaSCTInstLive*2014

FinlandSiirto