When payments pause: lessons from a global payments outage
In digital commerce, payment reliability is non-negotiable. The rise of instant payments highlights this need: global instant payment transaction volume reached 195 billion in 2022, with projections to surpass 500 billion transactions by 2027 as more countries adopt faster payment systems. This growing reliance on real-time payment rails raises the stakes for reliability, with any disruption posing major risks to trust and revenue.