1、Whats next forrealtime payments?Navigating the next wave of adoptionWHITE PAPEROCTOBER 20242Contents3 Foreword4 Introduction5Quick view of insights6 Part one:Lessons learned from powering economies7Governments have proven instrumentalin driving adoption8Merchant payments are a signifcantand growing

2、use case10 A seamless,user centric experience ensureswidespread adoption and repeat usage11 The emergence of cross-border real-time payments12 The unwelcome specter of fraud13 Part two:Whats next for realtime payments?14 Whats next for real-time payments?15 The continued evolution of new use cases17

3、 Connecting schemes to span cross-borders18 Accommodating multiple domestic schemes20 Harnessing ISO 20022 to enable new use cases21 Seamless journeys:the rise of digital wallets22 ShopeePay Revolutionizing real-time paymentsand digital wallets in the Philippines23 The growing promise of AI24 The in

4、tegration of digital assets26 Conclusion:A convergence in the realtime world27 Footnotes3These systems now play a vital role,working alongsideother payment methods,oering consumers andbusinesses more choice to transact in ways that meettheir needs.The ability or businesses and individuals to makepay

5、ments in real-time,both domestically and acrossborders,across a range o channels including directlyrom bank accounts or via wallets,has helped improvethe customer experience,bring more people into thedigital economy and boost economic activity.Today,around 100 countries across the world have accesst

6、o real-time payments and by 2028,instant paymenttransactions will surpass$58 trillion globally.1The approaches to implementing and delivering growthand additional value through real-time payments dierconsiderably across markets,inuenced by actorssuch as consumer needs,regulatory inuence,andmarket ma