Faster Payments

Faster Payments
QIB Adds Request to Pay to Instant Payments Service
July 22, 2024

Qatar Islamic Bank (QIB) has added a “request payment” feature to its instant payment service. 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...

Faster Payments
RTP Network Transaction Value Leaps to $55B in Q2 as Businesses Sign On
July 10, 2024

The RTP network set records in terms of both the number of transactions and the value of payments it enabled in the second quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Faster Payments
Most US Consumers Would Pay a Fee to Get Instant Refunds and Rebates
June 24, 2024

Overpayment disbursements — rebates, rewards, refunds, etc. — may not come to mind when considering a consumers’ overall cash flow, but, when these overpayments are issued, consumers want them quickly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Faster Payments
5 Big Ideas: Making the Case for Instant Payments
June 19, 2024

In recent years, instant, P2P payments have seen a surge in adoption, emerging as a popular method for consumers to receive funds and make personal transactions and purchases. At the same time, smaller businesses have gravitated toward instant payments because they appreciate the speed, convenience...

Faster Payments
Citi Adds Real-Time Funding to Treasury Offerings
June 10, 2024

Citi introduced Real-Time Funding (RTF), part of its real-time treasury solutions for corporate customers. 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...

Faster Payments
37% of Freelancers Use Instant Payments to Ease Financial Stress
June 07, 2024

Life as a freelancer is not for the faint of heart. Freelancing often requires constant hustling, as these workers generally look for new projects even before current projects are completed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Faster Payments
Instant Payments Drive Profits for the Small Restaurants That Use Them
May 31, 2024

Forty percent of the independent mom-and-pop restaurants in the U.S. that generate $10 million or less annually now use instant payment rails as their primary method to send funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Faster Payments
70% of Restaurant SMBs Say Convenience Is Top Instant Payments Benefit
May 29, 2024

While instant payments might seem like an innovation that only big companies would embrace, these types of expenditures are gaining traction with many mom-and-pop eateries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Faster Payments
80% of Truckers Cite Convenience as Instant Payments Preference
May 28, 2024

Who doesn’t like getting paid instantly? According to PYMNTS Intelligence data, roughly a third of all U.S. consumers now select instant payouts when they are available, and even more tellingly, 78% would choose instant payments if given the option. Get the Full Story Complete the...