Streamlining Ad Hoc Payments With Instant Pay

Ad Hoc Payments Represent One in Every Four Vendor Payables

Streamlining Ad Hoc Payments With Instant Pay

Non-recurring or ad hoc payments represent 24% of a firm’s total AP volume, and a point of payables friction for most corporates given the size and method of payment (hint, paper) according to a new PYMNTS Intelligence report, “Streamlining Ad Hoc Payments With Instant Pay,” a collaboration with Ingo Money, of 200 enterprise senders. Sixty percent of senders say they see value in making those payments both digital and much faster than today.

Inside the November Report

  • 63%: Share of senders sending tip payouts to employees that already pay fees to make these payouts instantly
  • 80%: Share of senders that think receivers are satisfied with their current ad hoc solutions
  • 31%: Share of senders that expect improved customer/supplier satisfaction would be the chief benefit of adding new ad hoc payment solutions

    By completing this form, you agree to receive marketing communications from PYMNTS and consent to the sharing of your information with our sponsors, where applicable, in accordance with our Privacy Policy and Terms and Conditions. Sponsors may use this information to contact you directly. You may update your preferences or withdraw your consent at any time.

    to our daily newsletter, PYMNTS Today.

    Instant Payments Report