Europe Real Time Payments Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Includes Real-Time Payments in Europe and the Market is Segmented by Payment Type (P2P, P2B) and by Country (UK, Germany, France, Italy, Rest of Europe). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Europe Real Time Payments Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Europe Real Time Payments Market Size

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Europe Real Time Payments Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 7.24 Billion
Market Size (2030) USD 12.50 Billion
CAGR (2025 - 2030) 11.54 %
Market Concentration Low

Major Players

Europe Real Time Payments Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Real Time Payments Market Analysis

The Europe Real Time Payments Market size is estimated at USD 7.24 billion in 2025, and is expected to reach USD 12.50 billion by 2030, at a CAGR of 11.54% during the forecast period (2025-2030).

The rapid proliferation of smartphones, consumers' need for quicker settlements, and government initiatives in the European region, among others, are the key reasons driving the market's growth.

  • Increasing real-time payment adoption rates and continuous development and evolution of infrastructure across Europe indicate strong growth of real-time payments in the region in the coming years. Most European markets, including the UK and the Netherlands, experienced significant growth in volumes and values of real-time fund transfers; with the introduction of the P27 in the Nordic region, the real-time payment market is anticipated to grow.
  • The European Payments Council (EPC) designed a pan-European instant payment system to accelerate the development of real-time payments in Europe. The SEPA Instant Credit Transfer (SCT Inst) process is based on the EPC's current SEPA credit transfer (SCT) scheme.
  • Furthermore, this payment system enables euro credit transfers, with funds becoming available on the account in seconds at any time and in a region that will progressively expand to encompass 36 European countries. Several regional banking institutions are using SEPA Instant Credit Transfer (SCT inst.). Citi, for example, just implemented Single Euro Payments Area (SEPA) Instant Payments throughout Europe.
  • Moreover, several initiatives based on ISO 20022 for real-time payments exist in Europe. In the United Kingdom, there is the New Payments Architecture (NPA), P27 in the Nordic region countries, SCT Inst. in Germany, and the EU is pushing on with the European Payments Initiative (EPI). These real-time payment systems will provide simpler access for increased participation, boost ongoing stability and resilience, and increase innovation through greater competition in the real-time payments market.
  • Furthermore, the use of ISO 20022 is anticipated to improve cross-border and regional connectivity and enable additional data frames that can use to build new services. Furthermore, strong mobile and internet penetration in many countries of the EU, such as Sweden, Spain, Denmark, Poland, etc., is providing a strong platform for the growth of real-time payments in the region.
  • However, growing payment frauds in real-time payments, such as Authorized Push payments, can hamper the growth of the real-time payments market in the region. With the 3D Secure 2.2 protocol and other SCA technologies to accommodate PSD2, card fraud in the region declined, but Authorized Push Payments frauds increased in the region.
  • The COVID-19 pandemic enormously impacted how people shop and pay in the region. The new practices, including real-time and digital payments, are more convenient for customers and are likely to grow in the coming years.

Europe Real Time Payments Industry Overview

The competition in the Europe real-time payments market is intensifying, and the market appears to be fragmented due to the presence of numerous players. These market players offer innovative payment solutions and are involved in various strategies, such as mergers and acquisitions, to gain a competitive advantage. Major players in the Europe real-time payments market include ACI Worldwide Inc., Fiserv Inc., Mastercard Inc., and Visa Inc., among others.

  • June 2023 - Global paytech firm ACI Worldwide has launched ACI Instant Pay, a real-time payment solution for European and UK merchants. Merchants using Instant Pay can accept instant online, mobile, and in-store payments through a single API integration with the ACI payments orchestration platform.
  • April 2023 - PayPal's online payment solution enables SMBs to accept PayPal payments, credit and debit cards, digital wallets, and more. Beginning, SMBs will also be able to accept payments with Apple Pay, allow their customers to save payment methods with the PayPal vault and keep their cards up to date with real-time account updater, as well as get access to features to help them run their business including interchange plus (IC++) pricing with gross settlement.

Europe Real Time Payments Market Leaders

  1. ACI Worldwide Inc.​

  2. Fiserv Inc.​

  3. Paypal Holdings Inc.​

  4. Mastercard Inc.​

  5. VISA Inc.​

  6. *Disclaimer: Major Players sorted in no particular order
Europe Real Time Payments Market Concentration
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Europe Real Time Payments Market News

  • September 2023 - Finastra, a global provider of financial software applications and marketplaces, has launched its new payment solution, Finastra Compliance as a Service, on Microsoft Azure. The service includes Fincom‘s real-time AML (anti-money laundering) transaction screening and ThetaRay‘s AI-powered transaction monitoring as a pre-integrated packaged solution with Finastra Payments To Go.
  • June 2023 - ACI, a mission-critical, real-time payments software leader, has announced the launch of ACI Instant Pay in Europe and the United Kingdom. Using a straightforward API integration with the ACI Payments Orchestration Platform, this real-time payments solution enables merchants to accept immediate online, mobile, and in-store payments. The United Kingdom has also started modernizing its Faster Payments program through the New Payments Architecture program.

Europe Real Time Payments Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definitions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness-Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Buyers/Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Evolution of the payments landscape in Europe
  • 4.4 Key market trends pertaining to the growth of cashless transaction in Europe
  • 4.5 Impact of COVID-19 on the payments market in Europe

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Increasing Smartphone Penetration
    • 5.1.2 Falling Reliance on Traditional Banking
    • 5.1.3 Immediacy and Ease of Convenience of the Real Time Payments
  • 5.2 Market Challenges
    • 5.2.1 Payment Fraud such as Authorized Push Payment Scams
    • 5.2.2 Existing Dependence on Cash in Major Countries such as Germany
  • 5.3 Market Opportunities
    • 5.3.1 Government Policies Encouraging the Growth of Digital Paymentis expected to aid the growth of Real Time Payment methods amongst commoners
  • 5.4 Key Regulations and Standards in the Digital Payments Industry
    • 5.4.1 Regulatory Landscape Across the World
    • 5.4.2 Business Models with Potential Regulatory Roadblocks
    • 5.4.3 Scope for Development in Lieu of Evolving Business Landscape
  • 5.5 Analysis of major case studies and use-cases
  • 5.6 Analysis of Real Payments Transactions as a share of all Transactions with a regional breakdown of key countries by volume and transacted value
  • 5.7 Analysis of Real Payments Transactions as a share of Non-Cash Transactions with a regional breakdown of key countries by volumes

6. Market Segmentation

  • 6.1 By Type of Payment
    • 6.1.1 P2P
    • 6.1.2 P2B
  • 6.2 By Country
    • 6.2.1 United Kingdom
    • 6.2.2 Germany
    • 6.2.3 France
    • 6.2.4 Italy
    • 6.2.5 Rest of Europe

7. Competitive Landscape

  • 7.1 Company Profiles
    • 7.1.1 ACI Worldwide Inc.
    • 7.1.2 Fiserv Inc.
    • 7.1.3 Paypal Holdings Inc.
    • 7.1.4 Mastercard Inc.
    • 7.1.5 VISA Inc.
    • 7.1.6 FIS Global
    • 7.1.7 Apple Inc.
    • 7.1.8 Finastra
    • 7.1.9 Volante Technologies Inc
    • 7.1.10 Nets (Nexi Group)
  • *List Not Exhaustive

8. Investment Analysis

9. Future Outlook of the Market

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Europe Real Time Payments Industry Segmentation

Real-time payments, also known as immediate, instant, or faster payments, guarantee the immediate availability of funds to the recipient. Real-time payments offer wide-ranging benefits for people, businesses, and society. Real-time payments facilitate better cash management and balance visibility and ease the move to electronic payments by offering a viable alternative to cash.

The European real time payments market is segmented by payment type (P2P, P2B) and country (UK, Germany, France, Italy, and the Rest of Europe). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Type of Payment P2P
P2B
By Country United Kingdom
Germany
France
Italy
Rest of Europe
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Europe Real Time Payments Market Research FAQs

How big is the Europe Real Time Payments Market?

The Europe Real Time Payments Market size is expected to reach USD 7.24 billion in 2025 and grow at a CAGR of 11.54% to reach USD 12.50 billion by 2030.

What is the current Europe Real Time Payments Market size?

In 2025, the Europe Real Time Payments Market size is expected to reach USD 7.24 billion.

Who are the key players in Europe Real Time Payments Market?

ACI Worldwide Inc.​, Fiserv Inc.​, Paypal Holdings Inc.​, Mastercard Inc.​ and VISA Inc.​ are the major companies operating in the Europe Real Time Payments Market.

What years does this Europe Real Time Payments Market cover, and what was the market size in 2024?

In 2024, the Europe Real Time Payments Market size was estimated at USD 6.40 billion. The report covers the Europe Real Time Payments Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe Real Time Payments Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Europe Real Time Payments Industry Report

Statistics for the 2025 Europe Real Time Payments market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Real Time Payments analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.