Real time payments growth to moderate at 4% after growing over 8% since 2019: BCG
New Delhi [India], September 22 (ANI): Real-time A2A payments are gaining critical mass, and their growth is likely to moderate at 4 per cent annually over the next five years, noted a research report by Boston Consulting Group (BCG). The report, however, adds that India's UPI now powers over 19 billion transactions monthly.
'Global payments revenue reached USD 1.9 trillion in 2024, but future growth will slow.