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Capability Brief

Payments & Settlement Systems

Payments and settlement systems covers the infrastructure through which money moves, including real-time gross settlement systems, national payment switches, automated clearing houses, card and instant payment schemes, and mobile-money platforms.

Indicators
3
Leaders
10placeholder ratings
Like it
8capabilities
Developments
1
Definition

What Payments & Settlement Systems is, and how it is measured

Payments and settlement systems covers the infrastructure through which money moves, including real-time gross settlement systems, national payment switches, automated clearing houses, card and instant payment schemes, and mobile-money platforms.

Indicators

  • Real-time payment transaction volume
  • Payment system availability and uptime
  • Settlement value processed to GDP
Leaders

The nations that lead in Payments & Settlement Systems

Placeholder

These ratings stand in until the capability is rated.

#NationRating
1United StatesAAA
2JapanAA
3South KoreaAA
4IndiaA
5ChinaA
6IsraelA
7SingaporeBBB
8DenmarkBBB
9FinlandBB
10SwitzerlandBB
Related

The capabilities most like Payments & Settlement Systems

Likeness, from 0 to 1, as the Atlas measures it.

Developments

How Payments & Settlement Systems came to be

  • Economy

Historical Developments

Oldest first
  1. 2003

    STEP2 launched as an upgraded pan-European automated clearing house processing euro payments

    STEP2 was introduced as an upgrade in 2003, operating as a clearing house dedicated exclusively to euro-denominated transactions. It became the only pan-European automated clearing house (PE-ACH) in operation, consolidating cross-border retail euro clearing within a single infrastructure.

Recent Developments

Most recent first

No developments have been recorded for the current period yet.