Vendors
日本語

Real-Time Payments in the US

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
7 July 2021
Gareth Lodge

Speeding Up or Slowing Down?

Abstract

In many parts of the world, real-time payments are part and parcel of daily life, and have been for many years. More than 50 countries have systems, with some more than 40 years old and many processing in excess of 1 billion transactions a year. Yet one country stands out. Of the largest 15 countries ranked by GDP, the US is alone in not having significant volumes of real-time payments yet. We set out our opinions as to why this is, and highlight that many of the perceived barriers are just that - perceived. In fact, they create a great opportunity. But more importantly, by not providing to their clients, they are ignoring their own clients demands. The time for US real-time payments is in fact now.

Subscription required

Access to this content requires a Celent research subscription.

Subscribers should sign in to access this research.

If you are not a subscriber, register now or contact us to find out more about our subscription options.

Insight details

Industry
Corporate Banking
Subscription(s) required to access this Insight:
Banking, >>Corporate Banking
Insight Format
Reports
Geographic Focus
North America