Real-time payments are the fastest-growing payment infrastructure globally — a directory of named systems by region, cross-border corridors, and interoperability models, 2025–2040.
Real-Time Payments have become the fastest-growing payment infrastructure globally. Industry scale (2025): 100+ RTP networks across 80+ countries, processing an estimated 300–500 billion annual transactions worth USD 300–400 trillion. Forecast (2040): 150+ countries, 1–2 trillion transactions, USD 1–1.5 quadrillion in value.
| Region | Country | RTP System |
|---|---|---|
| North America | United States | FedNow / RTP Network (The Clearing House) |
| Latin America | Brazil | PIX |
| Latin America | Mexico | SPEI |
| Europe | United Kingdom | Faster Payments |
| Europe | European Union | SEPA Instant |
| Africa | South Africa | PayShap |
| Africa | Nigeria | NIP |
| Middle East | Saudi Arabia | SARIE |
| Middle East | UAE | Aani |
| South Asia | India | UPI |
| South Asia | Pakistan | Raast |
| ASEAN | Singapore | PayNow |
| ASEAN | Thailand | PromptPay |
| ASEAN | Indonesia | BI-FAST |
| ASEAN | Philippines | InstaPay |
| East Asia | China | IBPS |
| East Asia | Japan | Zengin System |
| Oceania | Australia | NPP |
Table 30.7 — Global RTP directory, 37 systems across 10 regions (selected). Volume leaders: India (#1), Brazil (#2), China (#3), Thailand (#4), South Korea (#5), Singapore (#6).
| Existing Corridors | Emerging Corridors |
|---|---|
| Singapore ↔ Thailand | GCC ↔ South Asia |
| Singapore ↔ Malaysia | ASEAN ↔ ASEAN |
| India ↔ Singapore | Europe ↔ ASEAN |
| India ↔ UAE | Australia ↔ ASEAN |
| Indonesia ↔ Malaysia | Africa ↔ Africa |
Cross-border RTP may exceed USD 5–10 trillion annually by 2040. Interoperability models range from Wallet↔RTP and RTP↔RTP to RTP↔QR, RTP↔Stablecoin and RTP↔CBDC — with interoperability becoming more strategically important than network ownership.
Primary: central bank and payment scheme operator publications. Secondary: BIS Committee on Payments and Market Infrastructures (CPMI) reports.
