Page 24 - ACI Worldwide PR Report - July 2025

Kuwait’s real-time pay ment scheme WAMD sur passes 1 mln accounts in first year

ket in the world for two con sec ut ive years. Addi tion ally, real-time pay ments are a power ful

ena bler for eco nomic advance ment and inclu sion. ACI’s Real-Time Pay ments: Eco nomic

Impact and Fin an cial Inclu sion report indic ates that by 2028, real-time pay ments are fore cast
to cre ate more than 167 mil lion new bank account hold ers and gen er ate $285.8 bil lion of
addi tional global GDP growth.

“Kuwait’s rapid adop tion of real-time pay ments has been impress ive and stands out as one of

the fast est adop tion rates around the globe. The rising demand for real-time pay ments drives
innov a tion in pay ments, forges new use cases that stim u late eco nomic growth, pro motes

fin an cial inclu sion, and meets cus tom ers’ evolving expect a tions,” com men ted Craig Ram sey,

global head of account-to-account pay ments at ACI World wide.“Together, ACI and KNET have

cre ated one of the most secure and future-proof real-time pay ment sys tems in the world –

one that puts Kuwait at the fore front of the global real-time pay ments revolu tion.” ACI

World wide has a strong track record of power ing real-time schemes around the world as well

as help ing banks, fintechs and other pay ment ser vice pro viders in the eco sys tem to con nect

to the schemes and offer new, innov at ive fin an cial ser vices for con sumers and busi nesses.ACI
cur rently powers 26 domestic and pan-regional real-time schemes across six con tin ents –

includ ing 11 cent ral infra struc tures. Glob ally, ACI serves all 10 of the world’s largest fin an cial

insti tu tions by asset value and provides solu tions that move tril lions of dol lars through more

than one bil lion trans ac tions daily.

https://www.pressreader.com/kuwait/arab-times/20250717/282029038258271?srsltid=AfmBOooHDlmlhZzruzUpBGfvZ6lvd3YPvedQOzV9vJ0z0R… 2/2