By 2023, the value of real-time payment (RTP) transactions in Australia was forecasted to total 10.1 trillion Australian dollars, a significant increase from the 68.1 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.
Value of real-time payment (RTP) transactions in Australia from 2018 to 2023
(in billion Australian dollars)
Characteristic
Value of transactions in billion Australian dollars
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Visa Inc.. (January 24, 2019). Value of real-time payment (RTP) transactions in Australia from 2018 to 2023 (in billion Australian dollars) [Graph]. In Statista. Retrieved December 05, 2024, from https://www.statista.com/statistics/1080354/australia-real-time-payment-transaction-value/
Visa Inc.. "Value of real-time payment (RTP) transactions in Australia from 2018 to 2023 (in billion Australian dollars)." Chart. January 24, 2019. Statista. Accessed December 05, 2024. https://www.statista.com/statistics/1080354/australia-real-time-payment-transaction-value/
Visa Inc.. (2019). Value of real-time payment (RTP) transactions in Australia from 2018 to 2023 (in billion Australian dollars). Statista. Statista Inc.. Accessed: December 05, 2024. https://www.statista.com/statistics/1080354/australia-real-time-payment-transaction-value/
Visa Inc.. "Value of Real-time Payment (Rtp) Transactions in Australia from 2018 to 2023 (in Billion Australian Dollars)." Statista, Statista Inc., 24 Jan 2019, https://www.statista.com/statistics/1080354/australia-real-time-payment-transaction-value/
Visa Inc., Value of real-time payment (RTP) transactions in Australia from 2018 to 2023 (in billion Australian dollars) Statista, https://www.statista.com/statistics/1080354/australia-real-time-payment-transaction-value/ (last visited December 05, 2024)
Value of real-time payment (RTP) transactions in Australia from 2018 to 2023 (in billion Australian dollars) [Graph], Visa Inc., January 24, 2019. [Online]. Available: https://www.statista.com/statistics/1080354/australia-real-time-payment-transaction-value/
