Survey Research & Economic Data
2023 AFP Real-time Payments Survey
The 2023 Association for Financial Professionals (AFP) Real-time Payments Survey, underwritten by The Clearing House, finds that adoption and implementation of real-time payments varies across organizations based upon revenue and size. Overall, though, by 2028, over three-fourths of organizations expect to be using real-time payments for both sending and receiving payment transactions.
- Respondents consider the lower cost of transactions to be a key benefit of real-time payments.
- Over three-fourths of respondents regard transparency to be an important feature of real-time payments.
- Practitioners cited system development as the most common hurdle faced when considering adopting real-time payments.
AFP thanks The Clearing House for its support of the 2023 AFP® Real-time Payments Survey.
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Real-time Payments: Do You Need to be Keeping up with the Joneses?
November 15, 2023 | 3:00 – 3:30 PM ET
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Learn how Real-time Payments can help manage cash flow.
Questions about this subject?
Contact Tom Hunt, AFP's Director of Treasury Services.