Enhancing cross-border payments step by step: insights from the 2025 monitoring survey

2026

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This report provides crucial insights into the progress and challenges of enhancing cross-border payments, based on the 2025 monitoring survey.

* Details the adoption of fast payment systems (FPS) and their role in improving cross-border retail payments.
* Explores the impact of ISO 20022 adoption and API frameworks on payment system efficiency and interoperability.
* Analyzes the expansion of direct access for non-bank PSPs and foreign banks, and the role of legal and regulatory frameworks.

Tags: cross-border payments, fast payment systems, ISO 20022, APIs, payment system access

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