Infographic:
Global Move Towards Real Time Payment Systems

It could very well be argued that time is the world’s most valuable commodity. Today’s generation of people especially want to do everything with speed and efficiency. This is why companies such as VocaLink are emerging with their real time payment systems. Real-time payments happen when an interbank payment is posted and confirmed within one minute. In fact, faster payment processing is among the top demands, with 40% of people seeing it as important. Check out this week’s infographic to see how the world is moving towards real-time payment systems.

global_real_time_payments

Source: VocaLink

Tweet this:

  • When 89 people were asked how fast messaging and settlement should be, 49% said immediate! Tweet This!
  • Almost 70% of people see faster payments very important for #eCommerce growth! Tweet This!
  • The need to improve overall efficiency is the top trigger for the reform of payment systems! Tweet This!