Faster Payment Service (FPS) Market Size Was Valued at USD 1169.09 Million in 2024, and is Projected to Reach USD 9026.67 Million by 2032, Growing at a CAGR of 29.11% From 2025-2032.
FPS is a real-time payment system that allows near-instantaneous fund transfers between bank accounts, enabling users to make payments 24/7 using mobile apps, online platforms, or in-person at participating banks.