Nearly 30% of central banks implementing instant payments

Over half of respondents already oversee or operate instant payments

Nearly 30% of central banks are planning to implement an instant retail payments system in the next three years, benchmarking data shows.

Of the 38 respondents to this question, just over half (52.6%) already operate or oversee an instant payments system in their jurisdiction. A further 18.4% have plans to implement a system in 0–1 years, and 10.5% plan to implement a system in 2–3 years’ time.

The remaining 18.4% of respondents (seven central banks) say they have no plans to upgrade. However

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