2022 Insights on Innovation in the Instant Payments Market - Southeast Asian Countries are Leading the Way in Terms of Adoption of Instant Payment Platforms - ResearchAndMarkets.com
Instant payments are an innovative payment infrastructure that modernizes payment systems and enables transactions to be settled within 60 seconds.
- Instant payments are an innovative payment infrastructure that modernizes payment systems and enables transactions to be settled within 60 seconds.
- In Asia, mobile wallets are built directly on instant payments infrastructure, which makes them more suited for retail transactions.
- Countries that have a well-established instant payment infrastructure are now focusing on driving the interoperability of their platforms with other countries.
- Southeast Asian countries are leading the way in terms of adoption of instant payment platforms.