North America Real Time Payment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

North America Real Time Payment Industry Overview

The market is fragmented owing to the presence of numerous players operating in the market. The companies are involved in various strategies such as product innovation; service providers are forming alliances.

• According to a new global study conducted by payments processor ACI Worldwide and the Centre for Economic and Business Research, the United States falls behind India, Brazil, China, Thailand, and South Korea in driving businesses and consumers to adopt this speedier sort of payment system.
• In March 2021 - After meeting the European Commission's criteria, Mastercard completed the acquisition of a majority share in Nets' Corporate Services division. According to the payments network, the contract provides a "broader set" of account-to-account capabilities. Clearing, settlement, bill payment, and e-invoicing are among the functions linked to immediate payment infrastructure.