G20 Report 2025: Scorecard Report on Direct Access and Price Transparency
Eight G20 members achieved the highest rating of 5/5 for direct access of non-bank payment service providers in 2025.
Fintech · GB · 21 documents · Website
Eight G20 members achieved the highest rating of 5/5 for direct access of non-bank payment service providers in 2025.
A total of eight G20 members achieved the highest 5/5 rating for direct access of non-bank payment service providers in 2025, including Brazil, China, Indonesia, Mexico, the Republic of Korea, Türkiye, the United Kingdom, and the European Union.
Eight G20 members achieved the maximum score of 5/5 for direct access for non-bank payment service providers in 2025.
A total of 8 G20 members achieved the highest rating of 5/5 for direct access to payment systems for non-bank payment service providers (NBPSPs) in 2025.
A total of 8 G20 members achieved the maximum 5/5 score for direct access of non-bank payment service providers (NBPSPs) to payment systems in 2025.
A total of 8 G20 members achieved the maximum 5/5 direct access rating for non-bank payment service providers in 2025.
Major South Korean banks demonstrate foreign exchange markups that are typically less than 1% over mid-market rates.
Türkiye maintained a direct access rating of 5/5 in 2025, permitting non-bank payment service providers (NBPSPs) to access domestic payment systems.
A total of 8 G20 members achieved the highest 5/5 direct access rating for non-bank payment service providers in 2025.
A total of 8 G20 members achieved the highest score of 5/5 for direct access of non-bank payment service providers in 2025.
Japan retained a 4/5 score for direct access in 2025, with an expected upgrade to 5/5 following the planned onboarding of its first non-bank provider in November 2025.
Bank Indonesia launched BI-FAST on 21 December 2021, providing instant payments with transaction limits up to IDR 250 million.
Eight G20 members achieved the highest score of 5/5 for direct access of non-bank payment service providers (NBPSPs) in 2025.
A total of 8 G20 members achieved the highest 5/5 rating for direct access of non-bank payment service providers (NBPSPs) in 2025.
Canadian consumers are projected to lose $1.2 billion (C$1.7 billion) in 2025 due to hidden foreign exchange markups.
Eight G20 members achieved the full 5/5 direct access rating for non-bank payment service providers (NBPSPs) in 2025.
A total of eight G20 members achieved the highest 5/5 score for direct access of non-bank payment service providers (NBPSPs) in 2025.
The United Kingdom was the only market to achieve a 5/5 rating for price transparency following FCA guidance published in May 2025.
Research by Consumers International indicates that 57% of consumer bodies cite a lack of fee transparency as a primary reason behind consumer distrust in digital finance.
As of August 2025, SAMA has granted a total of 27 E-Money Institution and Payment Institution licences to non-banks.
The G20 Roadmap for Enhancing Cross-Border Payments (2020 - 2027) focuses on 5 main priority focus areas divided into 19 building blocks.