Gig Economy and Gaming Push Instant Payments Forward
Meeting the Demand for Instant Ad Hoc Payments
The volume of instant ad hoc payments has risen 28% since September 2023, with gig economy and gaming industry firms using instant payments significantly more than average. PYMNTS Intelligence’s latest study of 200 enterprise senders, “Meeting the Demand for Instant Ad Hoc Payments,” a collaboration with Ingo Payments, explores the use of instant across five industries.
Inside the April Study
- 39%: Portion of ad hoc payments that gig economy companies made via instant methods
- 4%: Share of senders citing the cost of instant rails as biggest challenge they faced processing ad hoc payments in the last year, down from 22% in September 2023
- 67%: Portion of senders that believe consumers would select instant for refunds when offered
Instant Payments Report
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Instant Payments are Winning. Why Are Some Consumers Still Saying No?
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The Preference Match Imperative: Aligning Payout Delivery With Recipient Expectations
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Fee Sensitivity and the Opt-In Economics of Instant Payouts
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Instant Payouts: The New Paycheck for a Real-Time Economy
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Fast Funds, Steady Cash Flow: How Instant Disbursements Empower SMBs
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The State of Digital Disbursements: Why Consumers Prefer Instant Payments
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Instant Payments: A Strategic Tool for Vendor Relationships and Urgent Transactions
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Digital Transformation and Instant Payments Fuel Business Disbursement Efficiency
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The 12 Impact Statements eBook
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How Instant Ad Hoc Payments Benefit Digital-First SMBs
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How Instant Pay Is Becoming the Standard for Ad Hoc Payments
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Meeting Consumers’ Urgent Need for Funds with Instant Payments
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Generation Instant: Growing Use of Instant Pay for Insurance Disbursements
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Generation Instant: Leveraging Instant Pay to Streamline Borrowing Disbursements
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Generation Instant: How Instant Payments Help Consumers Receive Overpayment Disbursements Faster
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Generation Instant: Freelancers Use Instant Payments to Reduce Financial Hardship
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Generation Instant: How Truckers Use Instant Payments to Support Their Lifestyles
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12 Charts Tell the Story of Instant Payments
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How Instant Ad Hoc Payment Costs Impact Small SMBs
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Measuring Consumers’ Growing Interest in Instant Payouts – March 2024
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How Instant Ad Hoc Payments Drive SMB Success
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Generation Instant: Renters and Refunds
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Generation Instant: Business Expense Reimbursements
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Streamlining Ad Hoc Payments With Instant Pay
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Measuring Consumer Satisfaction With Instant Payouts
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Generation Instant: Gaming and Winnings
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Generation Instant: Hospitality and Tips