Payments News

Nearly 8 out of 10 Merchants Globally Believe Real-Time Payments Will Replace the Use of Cards Over Time

May 14, 2018
ACI Worldwide and Ovum’s latest benchmark study reveals merchants are now considerably more positive about the opportunities of immediate payments than they were a year ago

NAPLES, FLA—May 14, 2018—Nearly 80 percent (77) of globally surveyed merchants hold the view that real-time payments will replace the use of payment cards over time, according to new benchmark data, “2018 Global Payments Insight Survey: Merchants,” from ACI Worldwide (NASDAQ: ACIW) and Ovum. Comprised of responses from executives across the retail, digital goods, hospitality, telecom and travel sectors, the benchmark also revealed that 65 percent reported interest in accepting real-time payments, up from 57 percent last year.

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