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Value of real-time payment (RTP) transactions in Australia from 2018 to 2023 (in billion Australian dollars)

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Sources

Release date

January 2019

Region

Australia

Survey time period

2018

Supplementary notes

* Forecasted.

Citation formats

Value of real-time payment transactions in Australia 2018-2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Dec 6, 2019
By 2023, the value of real-time payment (RTP) transactions in Australia was forecasted to total **** trillion Australian dollars, a significant increase from the **** billion Australian dollars recorded in 2018. Real-time payments involve the immediate or close-to-immediate interbank clearing of transactions and crediting of the payee’s account with confirmation to the payer.
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