Commercial Instant Payments: Global Update Part 2

The advent and rapid adoption of instant payments have significantly transformed the global commercial financial landscape. These systems, which enable near-instantaneous fund transfers between financial institutions, have garnered substantial attention and investment worldwide. 

This report, Javelin Strategy & Research’s periodic check-in on the state of global instant payments, finds volumes growing month after month in systems across the globe. Instant payments, with their quick turnarounds and cash-flow benefits, are taking their place alongside legacy payment methods and pointing toward future innovations in areas like cross-border commercial transactions and greater cooperation between incumbents and fintech companies.