According to ACI_Worldwide Malaysia continues to accelerate its real-time payments adoption and introduce a stream of modern services, making it one of the most sophisticated real-time markets in the world paymentsolutions paymentinnovation survey
Fifth fastest-growing real-time market, globally
ACI Worldwide said much of the country’s success comes from a concerted effort by the government, central bank, national switch, and industry to modernise the country’s real-time payments infrastructure and harmonise the nation’s payments structure. It said consumers and businesses benefit from fast, frictionless and hyper-connected payments services, financial institutions future-proof their business in a highly competitive environment.
Cebr forecasts real-time transactions to grow at US$3.6 billion in 2026, a CAGR of 26.9%, with net savings for consumers and businesses expected to reach US$637 million in 2026, generating additional economic output of US$954 million , or 0.2% of GDP. It also supported online payments, in-store QR code-based payments, future-dated and recurring payments, and real-time cross-border payments with ASEAN, it said.