Cover for the PYMNTS and The Clearing House April 2023 Survey "Corporate Changes in B2B Payment Practices: The Future of Real-Time Payments in Real Estate"

The Future of Real-Time Payments in Real Estate

Only 1% of Real Estate Firms Use Real-Time Payments – Why?
When PYMNTS asked 125 real estate payments execs about real-time payments, we heard that 99% of them don’t use, send or receive them, even though nearly as many say they have plans to change that soon. Here’s why, what has to change to make that possible, and how they see the future of payments across the sector. Read more in “Corporate Changes in B2B Payment Practices: The Future of Real-Time Payments in Real Estate,” a collaboration with The Clearing House.

Inside the April Report

  • 77%: Portion of real estate firms planning to start making real-time payments in the next year
  • 65%: Share of real estate firms that think real-time payments will replace standard ACH as a method of making payments
  • 80%: Portion of real estate companies citing the receiver’s ability to accept standard ACH payments as the reason for using that method

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