Real-Time Payments Market: Growth, Trends, and Projections (2024-2032)

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The Real-Time Payments (RTP) Market has emerged as a transformative force in the financial ecosystem, enabling instant money transfers and fostering enhanced customer experiences. Estimated at $152.84 billion in 2023, the market is projected to grow to $174.54 billion in 2024 and further soar to $504.77 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 14.2% during the forecast period.