Instant Payments to Significantly Boost Finances of Young Adults in Europe
Thursday, March 21, 2024
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Posted by: Sierra Lindemann
ACI Worldwide has unveiled compelling new data demonstrating the potential of instant payments to bolster the financial futures of young adults across the EU. With research indicating that for every 5% surge in instant payments, there's a 15.6% rise in savings among 15 to 24-year-olds globally, the implications for economic growth and financial inclusion are significant. As the EU anticipates a substantial uptick in instant payments volume, now mandated by recent regulations, the spotlight shines on the transformative power of swift transactions in a region where youth financial challenges persist.
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