Instant payments to account for 22% of global non-cash transactions, potentially slowing card transaction growth by 15-25%, with only 5% of banks fully prepared for the shift.

The Capgemini Research Institute's World Payments Report 2025 forecasts that instant payments will make up 22% of global non-cash transactions by 2028, potentially reducing card transaction growth by 15-25%. Non-cash volumes are expected to rise to 2,838 billion by 2028, with Asia-Pacific leading growth. However, only 5% of banks are fully prepared for this shift, highlighting the need for collaboration between banks and payment providers to meet consumer demand for faster payment options.

September 10, 2024
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