Real-Time Payments Tracker® – May 2021

On-Demand Payroll Gives Workers Financial Breathing Room

Real-Time Payments Tracker® – May 2021

More than 60% of U.S. consumers say an unexpected expense of $1,000 would put them in the red. In this month’s Real-Time Payments Tracker, PYMNTS spoke with Ron Munkittrick, senior vice president of DailyPay, about how offering employees on-demand payments outside normal pay periods could give them much-needed financial flexibility.

Inside the May Tracker

  • An interview with Ron Munkittrick, senior vice president of DailyPay, on how on-demand payments outside normal pay periods could give employees more flexibility to manage their finances
  • The latest real-time payments developments, including why 91 percent of U.K. and Irish companies have made payroll errors each month and why 65 percent of U.S. organizations said they complete at least some of their payroll procedures manually
  • A Deep Dive analyzing the late-payment challenges freelancers face as well as how employers can automate and accelerate their payroll systems to reduce errors

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