How big is the Real-Time Payments Market?

The Real-Time Payments Market size is expected to reach USD 25.92 billion in 2024 and grow at a CAGR of 35% to reach USD 116.23 billion by 2029. Read More

What is the current Real-Time Payments Market size?

In 2024, the Real-Time Payments Market size is expected to reach USD 25.92 billion. Read More

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

ACI Worldwide Inc., Fiserv Inc., Paypal Holdings Inc., Mastercard Inc. and Montran Corporation are the major companies operating in the Real-Time Payments Market. Read More

Which is the fastest growing region in Real-Time Payments Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Real-Time Payments Market?

In 2024, the North America accounts for the largest market share in Real-Time Payments Market. Read More

What years does this Real-Time Payments Market cover, and what was the market size in 2023?

In 2023, the Real-Time Payments Market size was estimated at USD 19.20 billion. The report covers the Real-Time Payments Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Real-Time Payments Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Real-Time Payments Market Share

Statistics for the 2023 & 2024 Real-Time Payments market share, created by Mordor Intelligence™ Industry Reports. Real-Time Payments share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Real-Time Payments Industry

The competitive rivalry in the Real-Time Payments Market is moderately high, as the market comprises many large vendors that command a prominent market share besides having access to well-established distribution networks. With consumer preferences changing rapidly, the Real-Time Payments Market has become a lucrative option and, thus, has attracted huge investments. The service providers are engaging in partnerships to promote product innovation. Some of the prominent vendors in the market include ACI Worldwide Inc., Fiserv Inc., Paypal Holdings Inc., and Mastercard Inc.

In June 2022, ACI Worldwide announced its new mobile engagement platform ACI Smart Engage, enabling merchants worldwide to serve up their inventory of services and goods directly to consumers' smartphones using voice, location, and image recognition technology, taking shopping-on-the-go to a new level.

Furthermore, in April 2022, Fiserv launched Appmarket for financial institutions, where they can access a curated set of fintech solutions to help them operate more efficiently, reach new customers, and compete more effectively. AppMarket would empower Fiserv financial institution clients and address emerging gig economy banking and crypto finance opportunities, small and mid-size business (SMB) lending and other priorities.