For governments and operators
Instant Payment Service
Real-time clearing and settlement for bank account payments
Bulk Payment Service
Support bulk processing and batch payments
Multi-Proxy Service
Allow payments using an alternative recipient identifier
Infrastructure solutions
Services to modernize your digital economy
For financial institutions
Bill Pay
Support billing and consumer bill payments via your app
Pay by Account
Enable retail payments from a bank account in store and online
Mastercard Send™
Make instant payments and disbursements using a card number
Cross-Border Services
Send money abroad to bank accounts, digital wallets, cards and cash
Open banking solutions
Stay protected in the global open banking ecosystem
For retail and commerce
Bill Pay
Send digital payment requests and communicate with payers
Pay by Account
Accept retail payments from an account or digital wallet in store and online
Mastercard Send™
Make instant payments and disbursements using a card number
Cross-Border Services
Send money abroad to bank accounts, digital wallets, cards and cash
Open banking solutions
Connect to the global open banking ecosystem
For digital partners
Bill Pay
Support billing and consumer bill payments via your app
Pay by Account
Enable retail payments from an account or digital wallet in store and online
Mastercard Send™
Make instant payments and disbursements using a card number
Cross-Border Services
Send money abroad to bank accounts, digital wallets, cards and cash
Open banking solutions
Connect to the global open banking ecosystem
For everyone
Financial crime solutions
Ecosystem solutions to prevent fraud and money laundering
Reporting and analytics
Data analysis and insights to optimize your business
Consulting solutions
Advice and execution support from Mastercard Advisors
In this third chapter in our series of market intelligence insights, we turn our attention to the rapid and widespread development of real-time payment systems, which has been a central component of payments modernization over the past decade.
Fast, secure and reliable, these systems typically support always-on environments. The speed of the payment combined with the certainty that accompanies irrevocability means they are well suited to supporting innovation and competition by providing a backbone for new digital experiences for all players in the payments ecosystem, including consumers, corporates, merchants and governments.
- Payments modernization: A focus on real time
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