When consumers are offered the option of receiving instant payment, they tend to accept it gladly. Research shows that 90 percent of consumers think getting paid faster is better than getting paid more slowly. But most of the time, they simply aren’t getting the choice, Ingo...
For Libra — the digital currency backed by Facebook and a consortium of enterprises — will speed make a difference toward adoption (if it ever launches)? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
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There’s a bit from “Seinfeld” way back in the 20th century that, paraphrased, goes like this: A check is like a note from your parents that states, “I don’t have any money, but if you contact these people … I’m sure they’ll stick for me....
To paraphrase the movie “Top Gun” … “We feel the need … the need for speed.” The payments ecosystem now prizes quickness above all things in a time of cash flow shortages, where each paper check takes an eternity — assuming it arrives at all....
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Slow payment options can be devastating to businesses' stability and vendor relationships, but firms often find themselves struggling to choose the right faster payment alternatives, says U.S. Bank Vice President of Global Treasury Management, Faster Payments Adam Carter. In the inaugural Real-Time Payments Report, Carter...
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At a time when no one wants to say that COVID-19 has been good for business, more and more executives in the digital arena are willing to at least say that the pandemic has been a major catalyst for reform. Get the Full Story Complete the form...
