Real-Time Payments, Open Banking & Embedded Finance in the APAC Region

APAC leads global real-time payments, accounting for roughly two-thirds of worldwide RTP volumes, driven by markets like India, China, Thailand, and Singapore. Per-capita transaction intensity is among the highest globally, supported by QR ubiquity and financial inclusion. Embedded finance is accelerating via super-app ecosystems, while open banking remains early-stage due to data-sharing reluctance. Banks still capture 70–90% of RTP value in most markets, though China is fintech-led. Cross-border RTP expansion and CBDC pilots signal future integration momentum.