Key stat: US real-time payment transaction volume will nearly quadruple between 2023 and 2028, according to GlobalData and ACI Worldwide.

Beyond the chart:

• Real-time payments provide instant access to funds, helping consumers manage their cash flow and avoid late fees, according to our US Real-Time Payments Explainer.
• Nearly three-quarters (74.1%) of US consumers say that the speed/guarantee of good funds was a reason they prefer instant versus non-instant payment methods, per an October 2023 survey from PYMNTS.com.

Use this chart: Marketers and retailers can use this chart to emphasize consumers’ growing expectations for speed and efficiency and highlight the need to invest in real-time transaction capabilities.

Related EMARKETER reports:

• US Real-Time Payments Explainer (Subscription required)
• Payments Trends to Watch in H2 2024 (Subscription required)