The Capgemini Research Institute's report highlights that global non-cash transactions are set to surge to 1.65 trillion in 2024, with Asia-Pacific leading in volume.
Asia-Pacific is projected to experience a remarkable year-on-year growth of 20.4% in non-cash transactions for 2024, outperforming Europe and North America.
By 2028, instant payments are expected to increase to 22% of all non-cash transactions globally, driven largely by the Asia-Pacific region's adoption.
Account-to-account instant payment transfers are revolutionizing the payment landscape, offering a faster and cheaper alternative to traditional card networks.
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