아시아태평양의 실시간 결제 성장 기회

Disruptive Technologies that Enable Open Banking are Fueling the Growth of Real-time Payments

This research service examines the real-time payment (RTP) market in the Asia-Pacific (APAC). It identifies key customer needs and market trends and provides a country-wise analysis of relevant developments. RTP or fast-payment systems involve payment transactions that are initiated and processed in near real time or within minutes. Unlike traditional payment systems that take several business days to clear, RTPs allow for instant settlement, enabling faster and more convenient transactions between individuals or corporates.

The rapid adoption of digital payments in APAC because of the COVID-19 pandemic unearthed gaps in payment experiences that regional central banks now want to shrink with RTP systems. The industry underwent a digital transformation in 2021, with central banks across countries developing national RTP systems, pushing innovation in the payment sector, and creating frameworks to accelerate the development of payment interoperability in domestic and cross-border transactions. The increased use of smartphones and deployments in support of mobile initiatives over 4G and 5G networks have enabled customers and merchants to accept and make RTPs through their mobile devices, driving RTP transaction growth.

The study includes a non-exhaustive list of market participants that provide RTP services and solutions. A market overview and key company profiles have also been included. The study analyzes the factors driving and restraining growth and identifies the growth opportunities emerging from the changes in this space for payment providers, technology companies, financial service providers, and retailers to leverage. The base year is 2022, and the forecast period is 2023 to 2027.

Table of Contents

Strategic Imperatives

• Why is it Increasingly Difficult to Grow?
• The Strategic Imperative 8™
• The Impact of the Top 3 Strategic Imperatives on the Asia-Pacific (APAC) Real-time Payment (RTP) Industry
• Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Opportunity Analysis

• Scope of Analysis
• Segmentation
• Key Competitors
• Growth Metrics
• Growth Drivers
• Growth Restraints
• Forecast Assumptions
• Revenue Forecast
• Revenue Forecast by Payment Type
• Revenue Forecast Analysis
• Pricing Trends and Forecast Analysis
• Competitive Environment
• Revenue Share Analysis

Key Countries Analysis

• Key Developments-Australia
• Customer and Merchant Ecosystem Analysis-Australia
• Key Company Profile: POLi Payments-Australia
• Key Developments-China
• Customer and Merchant Ecosystem Analysis-China
• Key Company Profile: UnionPay-China
• Key Developments-India
• Customer and Merchant Ecosystem Analysis-India
• Key Company Profile: Paytm-India
• Key Developments-Indonesia
• Customer and Merchant Ecosystem Analysis-Indonesia
• Key Company Profile: GoPay-Indonesia
• Key Developments-Japan
• Customer and Merchant Ecosystem Analysis-Japan
• Key Company Profile: PayPay-Japan
• Key Developments-South Korea
• Customer and Merchant Ecosystem Analysis-South Korea
• Key Company Profile: PAYCO-South Korea
• Key Developments-Malaysia
• Customer and Merchant Ecosystem Analysis-Malaysia
• Key Company Profile: Touch 'n Go-Malaysia
• Key Developments-Philippines
• Customer and Merchant Ecosystem Analysis-Philippines
• Key Company Profile: GCash-Philippines
• Key Developments-Singapore
• Customer and Merchant Ecosystem Analysis-Singapore
• Key Company Profile: Singtel Dash-Singapore
• Key Developments-Thailand
• Customer and Merchant Ecosystem Analysis-Thailand
• Key Company Profile: TrueMoney-Thailand
• Key Developments-Vietnam
• Customer and Merchant Ecosystem Analysis-Vietnam
• Key Company Profile: MoMo-Vietnam

Growth Opportunity Analysis: P2B

• Growth Metrics
• Revenue Forecast
• Forecast Analysis

Growth Opportunity Analysis: P2P

• Growth Metrics
• Revenue Forecast
• Forecast Analysis

Growth Opportunity Analysis: B2B

• Growth Metrics
• Revenue Forecast
• Forecast Analysis

Growth Opportunity Universe

• Growth Opportunity 1: Open Banking
• Growth Opportunity 2: Payment Security and Fraud Management Solutions
• Growth Opportunity 3: Mobile POS

The Last Word

• Conclusions and Recommendations
• Frost & Sullivan's 3 Big Predictions

Next Steps

• Your Next Steps
• Why Frost, Why Now?
• List of Exhibits
• Legal Disclaimer