Corporate Changes in Payment Practices: The Retail Industry is Ramping Up Real-Time Payments

85% of Large Retailers Look to FinTechs for Real-Time Payments Partnerships 

Corporate Changes in Payment Practices: The Retail Industry is Ramping Up Real-Time Payments

PYMNTS Intelligence’s latest study reveals that real-time payments are more than just a fleeting trend in retail: In fact, 81% of large retail firms say real-time B2B payments are pivotal to their operations. Perhaps this is why so many have real-time payments innovations in their 2024 plans. Read more in “Corporate Changes in Payment Practices: The Retail Industry is Ramping Up Real-Time Payments,” a collaboration with The Clearing House.

Inside the September Data Brief

  • 81%: Portion of retailers planning to enhance real-time payments solutions in the next year
  • 61%: Share of retailers citing strong security as a core benefit of making real-time payments
  • 85%: Portion of retailers likely to work with a FinTech to enhance their real-time payments solutions

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