Almost two-thirds of Americans live paycheck to paycheck, with potential for financial ruin if an unexpected expense occurs outside the traditional pay period. In this month’s “Real-Time Payments Tracker®,” Oglebay’s Karen Hess tells PYMNTS how offering real-time payroll to the resort’s employees helps bridge financial...
Want to see a consumer truly upset about payments friction? Tell a gambler to wait a day (or even several days) to collect their winnings. Before we’re halfway through Rihanna’s halftime show at Super Bowl LVII on Sunday, Feb. 12, we’ll have a much “bettor”...
When money is the product, as it is in online sports betting, a safe and increasingly instant pay in and pay out customer experience is key. With 26 states plus Washington, D.C., having legalized online sports betting, and 23 of those states now live, dozens...
As sectors like hospitality and dining struggle with labor shortages, tipping offers a retention solution. In a conversation with PYMNTS, Brian Hassan, co-CEO of instant cashless tip payouts platform Kickfin, said a lot of press is dedicated to navigating the digital tipping culture that has...
New research finds U.S. retailers are planning real-time payments (RTP) advancements to optimize customer experience. That’s according to “The Instant Payments Transformation Guide,” a 2023 PYMNTS report done in collaboration with ACI Worldwide, which shows that 32.5% retailers are planning to add RTP capabilities to their...
BNY Mellon | Pershing is adding real-time payments (RTP) to its investor portal. The integration of RTP into the NetXInvestor platform will enable broker-dealers, registered investment advisor firms and consumers to make real-time transfers as they manage portfolios, BNY Mellon | Pershing said in a...
Payments company ACI Worldwide has unveiled a real-time payment solution for merchants. Launched Tuesday (Jan. 17), ACI Instant Pay is designed to help merchants boost their business ahead of the planned debut of the U.S. domestic real-time payments scheme FedNow later this year. It also...
Grocery stores, convenience stores and pharmacy retailers seeking to modernize their in-store payments systems to give consumers more options are prioritizing real-time payments. Real-time payments are being explored as an eCommerce option, but some merchants are also exploring the possibility of bringing the method into...
Only a slim minority of manufacturers and retailers are investing in real-time payments. Joint research from PYMNTS and Corcentric, as detailed in the report titled “Payments Technology’s Future: Retailers. Manufacturers Seek Better Workflows,” shows that firms in these verticals are taking the time and spending...
