Real-time payments in PH increase 24%

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Real-time payment transactions in the Philippines grew 24 percent year-on-year in 2023, with transaction volume reaching 777 million and expected to reach 1.54 billion by 2028, according to the 2024 Prime Time for Real Time Report published by ACI Worldwide, a leader in real-time payments, in partnership with GlobalData.

The real-time payments’ share of all digital payments in the country is projected to grow to 58.7 percent by 2028, while its transaction value is expected to reach $209.6 billion in the same year.

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MlaStandard /  🏆 20. in PH

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