Annual number of real-time payments in Sweden in 2023, with a 2028 forecast
Real-time payments in Sweden are expected to double between 2023 and 2028, as the country joined the P27 initiative in the Nordics. Approximately a quarter of the overall payments mix in the country - including both cash and cashless - is anticipated to be an instant payment by 2028. The source adds this equals a CAGR of 12.4 percent between the five years under consideration. The source names P27 - a cross-border infrastructure between Sweden, Denmark, and Finland that involves instant payments - as something that could help push usage of real-time payments in Sweden.
