Disbursements

Disbursement is a form of payment from a public or dedicated fund. Alternatively, it means a payment made on behalf of a client to a third party for which reimbursement is subsequently sought from the client.

(source: en.wikipedia.org)

Disbursements
Instant Payments Have a Batch-Based Systems Problem – Consumers Say Figure it Out
April 14, 2023

What typically happens when consumers want a particular product or service, have expressed their strong desire for it, see other providers with similar capabilities offering it, but are told they can’t get it from their preferred provider? Get the Full Story Complete the form to...

Disbursements
Instant Payouts Essential to Growing Sports Betting Industry
April 06, 2023

Sports betting has always been big business in the U.S., although historically it has been mainly limited to shadowy corners of off-track establishments, bookies or casinos. However, the legalization of online sportsbooks has ushered the industry into the mainstream market, with a record 20% of...

Disbursements
Consumers Want Instant Payments – For Free
April 03, 2023

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Disbursements
Georgia Department Deploys ClassWallet Platform to Distribute Federal Funds
March 02, 2023

ClassWallet’s digital wallet technology platform is now being deployed in early childcare and preschool markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Disbursements
4 in 10 Insurers Don’t Offer Consumers the Instant Disbursements They Prefer
March 02, 2023

When consumers are given a choice, they usually choose to receive insurance disbursements via same-day account transfer or instant payment rails. It’s a finding that is consistent with the general need for speed when it comes to payments preferences. Get the Full Story Complete the...

Disbursements
Bokadirekt and Trustly Partner on Instant Payouts for Beauty Salons
February 21, 2023

Bokadirekt and Trustly have partnered to enable instant payouts for beauty salons in Sweden. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Disbursements
$277B in Insurance Payouts Sent Via Instant Payments in 2022
February 09, 2023

Nineteen percent of consumers received at least one insurance disbursement in 2022, and more of these roughly 49 million consumers are looking at instant payouts than ever before. Insurance agencies sent 20% of all payouts in 2022 via instant payment rails, marking the third consecutive...

Disbursements
Restaurants Improve Gratuity Payouts as Tipping Increasingly Becomes the Norm
February 06, 2023

Restaurants’ efforts to optimize payouts come amid a generational shift toward tipping, per PYMNTS data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Disbursements
BetMGM Wagers That Mastercard Send Fast Payouts Is a Winner
January 18, 2023

Players using online betting platforms want winnings now, and digital innovation is enabling it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...