APAC real-time payments to grow 14% through 2027

Over 49 billion RTP transactions were made in APAC throughout 2022.

The number of real-time payment transactions in the Asia Pacific region is expected to hit 96.2 billion a year by 2027, according to a study by payments systems company ACI Worldwide.

RTP transaction volumes in APAC came at 49.2 billion in 2022. It is projected to grow at a compound annual growth rate of 14.1% over the next five years.

"Real-time payments continue to be the cornerstone of modern digital economies in APAC, moving money at unprecedented speed and security, spurring trade and enhancing customer experience," said Leslie Choo, senior vice president, managing director – APAC, ACI Worldwide.