1. Key Takeaways & Strategic Recommendations
1.1 Key Takeaways
1.1.1 Emerging Economies Will Be the Fastest-growing Cross-border Payments Markets
The strongest growth in outward cross-border payments will be observed in emerging economies that have already built efficient domestic digital or mobile payment rails, creating a foundation for cross-border expansion. Over the next five years, Brazil (PIX), Kenya (M-PESA), and India (UPI) are each expected to grow their cross-border transaction values by XX.X%, X%, and X%, respectively, per year, compared to an average of X.X% globally. Once consumers and businesses are accustomed to real-time, digital payments domestically, demand will shift towards achieving faster and cheaper transfers internationally. This positions these markets to leapfrog legacy banking infrastructure and adopt new, cross-border solutions more rapidly than developed economies; driving growth in payments flows.
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